Stock markets across the globe took a pounding as the full effects of the Middle East war and steeper than expected producer prices were announced in the early hours of Tuesday in the USA. According to the US Labor department inflation rose 0.5 percent in June, exceeding expectations for 0.3 percent. According to Eric...
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Inflation figures released today strongly indicate that the Bank of England may have no option, but to raise interest rates when it next meets for its Monetary Policy Committee (MPC) review. Energy costs – in this case Gas and Electricity – have pushed inflation up by its highest amount since Labour came to power...
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This morning Sky announced three different broadband products, Sky Broadband Base, Mid and Max, the launch sets a new industry standard with no compromise on quality or value. The products range from a free service offering download speeds of up to 2Mb to connection of up to 16Mb for just £10 a month. The...
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In its report for July, global credit rating agency Standard and Poors have predicted that the Fed will once again raise rates by another 25 basis points, bringing it to 5.5 percent after its 8th August meeting. The report goes on to say that it expects rates to ease back to 5 percent in...
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After spending $373m (£211m) on broadband internet provider Easynet, BSkyB will announce its new broadband product in the UK on Tuesday morning. BskyB, which is 38% owned by Rupert Murdoch’s News Corp empire (as is Fox Network), will announce a new – revamped – service tomorrow which is thought to offer both high speed...
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