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20.08.25 - 15:00
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UK inflation rises by more than expected to 3.8% amid higher food prices (The Guardian)
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Fuel and air fares also pushed up annual July rate, making interest rate cuts less likely this yearRail fares in England expected to rise by 5.8% next yearBusiness live – latest updatesUK inflation rose again last month to a higher-than-expected 3.8% amid higher food prices and travel costs, adding to fears that the Bank of England will delay further interest rate cuts.Figures showed the annual rate as measured by the consumer prices index climbed from June's 3.6% reading, sitting above the central bank's 2% target for the 10th consecutive month. Continue reading......
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20.08.25 - 13:42
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UK Inflation at 18-Month High, Bessent: China Tariff Status Quo Working | The Opening Trade 8/20/25 (Bloomberg)
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UK inflation climbed to an 18-month high on the back of surging food, transport and hospitality prices, putting the Bank of England under pressure to reconsider the pace of interest-rate cuts.
Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.
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The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. (Source: Bloomberg)...
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20.08.25 - 12:48
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Pound Rises As UK Inflation Hits 18-Month High (AFX)
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BRUSSELS (dpa-AFX) - The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July ......
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20.08.25 - 12:36
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Bessent Says China Tariff Status Quo is Working; UK Inflation at 18-Month High | The Pulse 8/20/2025 (Bloomberg)
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Wall Street's selloff in tech heavyweights dragged down global markets on Wednesday, as investors cashed in gains from the leaders of the post-April rally.
Europe's Stoxx 600 dropped 0.1% after closing within a whisker of an all-time high on Tuesday. Technology stocks fell as much as 0.9% before paring the loss. Investors took shelter in defensive sectors, with real estate and utility stocks among the biggest gainers. Asian stocks retreated 0.7%
Elsewhere, UK inflation climbed to an 18-month high on the back of surging food, fuel and transport prices, putting the Bank of England under pressure to reconsider the pace of interest-rate cuts. Consumer prices rose 3.8% from a year earlier, up from 3.6% in June and the fastest pace since January 2024, the Office for National Statistics said Wednesday.
Today's guests: Johanna Kyrklund, Schroders Group CIO, Greg Fleming, Rockefeller Capital Management CEO, Dean Forbes, Forterro CEO. (Source: Bloomberg)...
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20.08.25 - 11:07
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UK Inflation Hits 18-Month High (AFX)
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LONDON (dpa-AFX) - UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.The consum......
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20.08.25 - 09:21
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Großbritannien: Inflation steigt stärker als erwartet (DPA-AFX)
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LONDON (dpa-AFX) - In Großbritannien hat die Inflation im Juli überraschend deutlich angezogen. Die Verbraucherpreise legten im Jahresvergleich um 3,8 Prozent zu, wie das Statistikamt ONS am Mittwoch in London mitteilte. Mit dem zweiten Anstieg in Folge ......
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20.08.25 - 08:54
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UK Inflation Accelerates, Driven by Air Fares, Hotels (Bloomberg)
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UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of interest-rate cuts. The pickup was driven by air fares, hotels and motor fuel. Melanie Baker, economist at Royal London Asset Management, reacts to the CPI print on Bloomberg Television. (Source: Bloomberg)...
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