The Bank of England says it “will not hesitate to change interest rates as necessary” after markets reacted badly to the chancellor’s tax-cutting mini-budget. In a statement, the Bank said it was “monitoring developments in financial markets very closely in light of the significant repricing of financial assets”. It came after the pound fell to
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Italy’s Democratic Party has conceded defeat in the country’s election after an exit poll suggested far-right leader Giorgia Meloni’s alliance is leading the vote. The Democratic Party said it would be Italy‘s main opposition force after projections based on votes counted from nearly two-thirds of the polling stations in Sunday’s balloting indicated Ms Meloni’s Brothers
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Huck Cycles, a North Carolina electric moped maker, is finding that its off-road optimized electric moped is actually proving quite popular for city riders as well. It’s a surprising finding, considering the bike was originally designed for hunters, campers and other outdoor enthusiasts that wanted a powerful but (relatively) lightweight electric two-wheeler. The bike was
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Labour will pledge to “build British industry” through the use of a state-owned investment fund during the second day of the party’s conference in Liverpool. In her speech later today, Rachel Reeves, the shadow chancellor, will set out the party’s industrial strategy, which includes promises to invest in national projects from battery factories to clean
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Sep 24, 2022 Associated Press BENSALEM, Pa. — Taiba won the $1 million Pennsylvania Derby by three lengths on Saturday for Hall of Fame trainer Bob Baffert. Ridden by Mike Smith, Taiba ran 1 1/8 miles in 1:48.67 and paid $4.80, $3 and $2.60. It was Baffert’s fourth win in the Grade 1 event at
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The Ukrainian first lady has told Pink Floyd co-creator Roger Waters to back off from criticising her husband over the Russian invasion – and told him bluntly to “ask Putin for peace” instead. Waters wrote an open letter to Olena Zelenska in which he blamed “extreme nationalists” in Ukraine for having “set your country on
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