Dave Ramsden, the newest appointee as deputy governor of the Bank of England, said on Monday that he had voted against an interest rate increase earlier this month because he had not yet seen sufficient evidence of upward pressure on wages.
The prosecutor of the International Criminal Court has requested permission to investigate US military personnel and members of the CIA over allegations of war crimes in Afghanistan, a decision likely to anger the US administration.
Turkey’s benchmark government debt hit its cheapest level on record on Monday morning, while the lira fell to its weakest level since the start of the year, with investors discouraged by a ramp-up in tensions with the US and renewed fears about the central bank’s ability to fight inflation.
Uber has entered an agreement to buy thousands of cars from Volvo to prepare a fleet of fully driverless on-demand vehicles, in a significant acceleration of the ride-hailing company’s ambitions in the area.
Hanover Group has acquired the Middle Eastern assets of Bell Pottinger, the communications firm that collapsed after it was accused of stoking racial tensions in South Africa as part of its work for the Gupta family.
The European Central Bank has warned banks in the EU and UK that some of them must speed up preparations for Brexit, with Sabine Lautenschläger, one of the bloc’s most senior banking supervisors, warning that “no-one will wait for you”.
The UK government’s long-awaited sale of nearly £4bn of student loans is expected to price in early December, as the marketing process for its largest ever sale of student debt to private investors draws to a close.