British pound continues to slide; Italy’s new far-right govt
And Apple moves its iPhone 14 production to India ahead of schedule.
UK Finance Minister Kwasi Kwarteng.
It’s a new day, it’s a new week ... here’s a summary of what’s happened over the weekend in business and in politics around the world.
The Bank of England said it would “not hesitate” to hike interest rates to return to its 2% target, despite the pound’s value dropping precipitously
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