Economy

Positive signs: Bank of England chief economist Huw Pill (pictured) said UK inflation is set to fall next year as gas prices fall

Inflation set to fall ‘pretty rapidly’ in 2023, central bankers predict

UK inflation set to fall ‘fairly rapidly’ in 2023: Central bankers say cost of living squeeze may have peaked but warn battle is far from over By John-Paul Ford Rojas for the Daily Mail Published: 4:53 p.m. EST, November 30, 2022 | Updated: 4:59 a.m. EST, December 1, 2022 Central bankers on both sides of …

Inflation set to fall ‘pretty rapidly’ in 2023, central bankers predict Read More »

Positive signs: Bank of England chief economist Huw Pill (pictured) said UK inflation is set to fall next year as gas prices fall

Inflation set to fall ‘pretty rapidly’ in 2023, central bankers predict

UK inflation set to fall ‘fairly rapidly’ in 2023: Central bankers say cost of living squeeze may have peaked but warn battle is far from over By John-Paul Ford Rojas for the Daily Mail Published: 4:53 p.m. EST, November 30, 2022 | Updated: 4:59 a.m. EST, December 1, 2022 Central bankers on both sides of …

Inflation set to fall ‘pretty rapidly’ in 2023, central bankers predict Read More »

Hydrogen Economy

Centrica aims to develop a “UK hydrogen economy”

Energy giant Centrica and Ryze Hydrogen will jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and transportation, the companies told City AM this morning. A memorandum of understanding has been signed which will combine expertise to kick-start the development of a so-called “UK hydrogen economy”, targeting …

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The world's richest billionaires over the past 10 years

The world’s richest billionaires over the past 10 years

All the world’s money and markets in one visualization The era of easy money is now officially over. For 15 years, policymakers have attempted to stimulate the global economy through money creation, zero interest rate policies and, most recently, aggressive fiscal stimulus against COVID. With capital at near zero costs over this period, investors began …

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Up to 3,000 ‘peak polluters’ given last chance to shut down by Dutch government | Environment

The Dutch government is proposing to buy up to 3,000 “polluting peaks” farms and major industrial polluters in a bid to reduce ammonia and nitrogen oxide emissions that are illegal under EU law. Nitrogen Minister Christianne van der Wal said farmers would be offered more than 100% of the value of their farms to quit. …

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Jay Powell signals that the Fed will slow the pace of rate hikes next month

Jay Powell signals that the Fed will slow the pace of rate hikes next month

Jay Powell sent a strong signal that the Federal Reserve will slow the pace of interest rate hikes next month in an otherwise hawkish speech warning that the US central bank still has a long way to go in its fight against inflation . “The time to moderate the pace of rate hikes could come …

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Feds Cook: Inflation is still too high. The focus is on reducing px pressures.

Fed Governor Lisa Cook says smaller steps needed in Fed hikes as it moves forward It is prudent for the Fed to increase in small steps as it moves forward How far the Fed will go with rate hikes depends on how the economy reacts The Fed has taken strong measures to control inflation interest …

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UK plans to ease bank ring-fencing rules to trigger Brexit ‘big bang’ | Financial sector

Ministers are considering easing rules introduced to stabilize the banking system after the credit crunch, as part of the government’s plans to deregulate the City of London and trigger a second post-Brexit big bang for financial services. Ring-fencing regulations, introduced unilaterally by the UK following the 2008 global financial crisis, require lenders to separate their …

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