UK Clears Czech Billionaire Stake in Royal Mail: The London Rush

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(Bloomberg) — Businesses will be looking closely this week for some of the uncertainty that has plagued the last few weeks to be cleared up. On Thursday, the Bank of England may deliver its biggest interest-rate hike in more than 30 years, impacting lending rates, while more information may emerge on the trajectory of Rishi Sunak’s economic policy. That certainty is badly needed with data released this morning showing business confidence is at its lowest since March 2021, when the UK was in a coronavirus lockdown. What a scary thought on halloween. Read More ...

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