Ban for de facto director of African gold trading investment scam
The High Court has banned a de facto director for 14 years for helping defraud investors of £360,000.READ MORE
The Bank of England raised interest rates by the most in 27 years on Thursday in an attempt to smother surging inflation on track to top 13%, even as it warned a long recession is coming.
Reeling from a surge in energy prices after Russia's invasion of Ukraine, the BoE's rate-setters voted 8-1 for a half percentage-point rise in Bank Rate to 1.75%, its highest since late 2008.
The big hike had been expected by most economists in a Reuters poll as central banks around the world scramble to contain soaring prices.
Read more at Reuters