Alert: Russian central bank hikes interest rates by 1 percentage point to 19% to fight inflation fueled by military spending

European Central Bank cuts interest rates again as inflation slows

The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.

41 people killed in Russian strike on central Ukraine says Zelensky

41 people have been killed by a Russian strike on central Ukraine, says President Volodymyr Zelensky. The attack hit a military educational facility in the city of Poltava, where Ukraine's defence..

Tories: Wage rises could keep interest rates higher

Mel Stride says he is concerned about “pretty high wage increases" across the public sector which he believes could mean interest rates remain “higher for longer”. The shadow work and pensions..