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UK households' mood boosted by easing inflation squeeze - IHS Markit

LONDON British households grew more positive about their finances this month as they faced less of a squeeze from inflation and benefited from higher pay - though most will be in for a shock if the Bank of England raises interest rates next month.

Recent Business News

Oil prices fall on demand concerns as G20 warns of risks to growth

TOKYO Oil prices fell on Monday because of increasing concerns about fuel demand after finance ministers and central bank governors from the G20 warned that global economic growth risks have increased amid rising trade and geopolitical tensions.

G20 5:04am BST

BOJ policy tweak prospects jolt Japanese markets, yen

TOKYO Japan's yen hit two-week highs against the dollar and the 10-year benchmark bond yield jumped to a six-month peak on Monday, following reports the central bank was debating moves to scale back its massive monetary stimulus.

Japan 5:19am BST

China probes stainless steel imports from Indonesia, EU, Japan and Korea

BEIJING China on Monday launched an anti-dumping probe into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after complaints that a flood of product has damaged the local industry.

5:17am BST

White House to showcase U.S. products as trade battles loom

WASHINGTON U.S. President Donald Trump will showcase American-made products ranging from beef jerky and cowboy boots to the Lockheed Martin Corp F-35 fighter jet on Monday, as his administration wages trade battles on a series of fronts.

G20 12:16am BST
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