Newsletter Jul 19, 2022
Leave our policy alone, Bank of England official tells UK conservatives

A top Bank of England official pushed back on Monday at suggestions from a leading candidate to become Britain's next prime minister that the government should set a "clear direction of travel" for monetary policy.


Sunak widens lead in race to become UK PM after party vote

MPs will keep voting until only two candidates remain, the winner then being decided by the party members.


World democracy and freedom under assault, Prince Harry tells UN

The royal paid tribute to Mandela, South Africa's anti-apartheid hero who spent 27 years in prison before being elected the country's first Black leader.

New UK finance minister targets inflation, 'sound finances'

Britain's government must focus on sound public finances and avoid further fuelling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday.

MPs question deterrent effect of UK's Rwanda migrant policy

More than 28,500 people -- most of them young men -- arrived in 2021

Britain on course for hottest day on record

Britain was on course for its hottest day on record on Monday with temperatures forecast to hit 40C for the first time, forcing train companies to cancel services, schools to close early and ministers to urge the public to stay at home.

Fans, hoses and air con - heatwave-hit Britons seek relief

Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said.

Markets Track Wall St Higher On Easing Recession Fears

Markets track Wall St higher on easing recession fears

China Banks Vow To Repay More Customers After Protests

China banks vow to repay more customers after protests

New Zealand's Inflation Hits 3-decade High, Raising Bets On Sharper Rate Hikes

New Zealand's consumer prices rose at their fastest pace in three decades, beating forecasts and raising the prospect of an unprecedented 75 basis point interest rate hike at the central bank's policy meeting next month.

Australia's ANZ To Buy Suncorp Bank Arm For $3.3 Billion, Narrow Gap With Rivals

Australia and New Zealand Banking Group is buying the banking arm of insurer Suncorp Group for A$4.9 billion ($3.33 billion), as the smallest of Australia's major lenders seeks to revive growth at home after falling behind rivals.

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