Calum Muirhead is a City Reporter who writes for This Is Money and MailOnline. With a focus on finance and economics, Muirhead covers a range of topics including inflation, cost of living, rate hikes, and economic collapses. Muirhead's recent articles have explored the Bank of England's fight against inflation, the UK's movie industry, and the economic crisis in Argentina.
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Markets have already pencilled in another two hikes before the end of this year. This is in stark contrast to the US.
After Kirkby's appointment, one analyst said BT would 'struggle to keep' Allera, with the executive thought to have previously been courted by rivals including Vodafone.
The fruits of homegrown talent have been showered with accolades in recent years, boosting the UK's status as a hub for top-end content creation.
Ashley Webb of Capital Economics predicted last month's inflation figure, which stood at 7.9% in June, would 'fall below' the pace of wage growth.
Prices in America climbed by 3.2% year-on-year in July, a slight rise from the 3% recorded in June but a touch below the 3.3% predicted by economists.
Worries about more rate rises hit trading in the Square Mile, with the FTSE 100 dropping 1.2 per cent, or 94.44 points, to 7524.16.
Argentina is locked in an economic collapse that could see the far-right return to power under Javier Milei (pictured).
What's the big debate in the Square Mile? Whether London has lost out to New York maybe? Team Farage or Team Rose?
In a near-unanimous vote at a meeting at the offices of PR firm FTI in the City, shareholders approved a plan to remove the property landlord's focus on owning housing only for vulnerable occupants.
Microsoft has tabled a revised £60billion offer for Activision Blizzard in a bid to secure approval from UK regulators.
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