Business and Economics

Decision makers hiked the Bank’s base interest rate in the biggest single rise since 1995, as they tried to control the runaway inflation.

CEO pay has bounced back post-covid but the pay for frontline staff who kept businesses operating during the pandemic have seen their pay flounder.

Investors piled into London-listed banks after HSBC this morning said profits hit $9.2bn (£7.5bn) for the six months to June.

“In just one week I will finally leave Brexitland for good. Let me know if anyone ever finds those sunlit uplands. Not expecting an answer anytime soon."

Amazon's UK operation saw revenues surge past £23 billion for the first time recently. Jeff Bezos is worth $129.6 billion alone!

Office for National Statistics (ONS) figures show wages now lag behind inflation at 20-year low.

It comes as the fiancee of murdered Saudi journalist Jamal Khashoggi, has described Joe Biden’s decision to visit Saudi Arabia as “heartbreaking”, accusing the US president of backing down from his pledge of prioritising human rights.

Alastair Campbell described Brexit as the "disaster that keeps on disastering" after the results were announced.

The company was accused of hiding French profits in lower-tax Luxembourg from 2009 to 2020, and reporting artificially low profits in France.