Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online statement, the bank’s monetary policy committee said the most basic lending rate, the overnight
The BBC faces fresh fury over ‘outrageous’ plans to hike the licence fee (Image: GETTY) The BBC faces fresh fury over “outrageous” plans to hike the licence fee by the largest amount in more than 20 years. Campaigners warned the expected £13
Shoppers have slated a supermarket for introducing a budget range and then raising the prices. This is causing families that have cut back a lot have to tighten purse strings even more to be able to afford them. The criticism comes after
London hotels are seeking to capitalise on the excitement around King Charles’ Coronation weekend by ramping up room prices by a mind-boggling 120 percent, it has been revealed. Thousands of Britons and foreign tourists are expected to flock to the capital to
Mexico’s inflation rate rose in January to 7.91%, leading the country’s central bank to boost its principle interest rate to 11% on Thursday. ANNUAL INFLATION RATE IN EGYPT REACHES NEW HIGH AS CURRENCY SURGES The Bank of Mexico said inflation was not
“The 7.5 percent increase is less than the rate of inflation.” Last month, JD Wetherspoon, which runs 844 pubs across Britain and Ireland, reported sales growth of 13.1 percent in the 25 weeks leading to January 22. This was a drop of
The Department for Transport (DfT) announced that regulated fares in England will increase by up to 5.9 percent from March 5 next year. Analysis of Office of Rail and Road data for standard class fares in Britain shows it would represent the