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Business & Commerce from 999Today.com

UK consumer inflation hits 3.3%

UK consumer inflation hits 3.3%

UK consumer inflation has reached its highest level since 1997, on the back of soaring food and energy prices, official figures show.

Oil could reach $200, analyst warns

Oil could reach $200, analyst warns

Oil prices could reach $200 a barrel within the next two years, a Goldman Sachs report has found.

UK rates kept steady at 5%

UK rates kept steady at 5%

The Bank of England has kept UK interest rates on hold at 5 per cent.

UBS to cut jobs after huge losses

UBS to cut jobs after huge losses

Swiss financial giant UBS has announced plans to slash up to 5,500 jobs - about 7 per cent of its total workforce.


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