Bank of England governor Mark Carney warns of early interest rate rise

Bank of England governor Mark Carney suggested last week that interest rates might rise earlier than expected. 12 June’s Mansion…

Tesla gives away its electric car patents

Electric car manufacturer Tesla has taken the major step of making its patents freely available to anyone who wants to…

CBI calls for gender pay gap target

The Confederation of British Industry has called on the government to introduce a target for cutting the gender pay gap.…

UK chancellor George Osborne announces tougher finance rules

George Osborne, the UK’s Chancellor of the Exchequer and Second Lord of the Treasury, is set to announce a new…

Bank of Ghana criticised for funding budget deficit

Ghana’s central bank has attracted criticism for funding the government’s entire budget deficit. Ghana’s central bank has drawn criticism from…

ONS data shows strong rise in employment in the UK

Britain’s economic recovery has been underlined today by another increase in employment. There’s been a stream of positive news on…

Nigeria targets global oil leadership with OPEC secretary-general candidacy

Nigeria is working to consolidate its status at the head of the global oil market by pushing for its oil…

UK industrial output rises for fifth straight month

Manufacturing in the UK is still showing signs of recovery, after ONS figures shows industrial production on the rise again.…

India’s new government sets economic revival plan

India’s new government has announced a huge economic reform in a bid to bring fresh growth to the nation. India’s…

Barclays develops contactless payment wristbands

Barclays says it will roll out wristbands that can be used for contactless payments in the next few months. It…

Economic boom in sight as global shares hit all-time highs

Recovering economies and low interest rates have pushed world shares to their highest ever levels. World shares were close to…

European Central Bank imposes negative interest rates

Low inflation and a strong euro have driven the European Central Bank to impose negative interest rates. The European Central…

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