Bank of England hints at Brexit interest rate cut – business live

BoE’s Michael Saunders says Brexit uncertainty could trigger interest rate cutBreaking: Saunders says Brexit uncertainty could mean lower ratesSaunders: Persistent high uncertainty hurts economyPound falls below $1.23EarlierChinese industrial profits slide 2.41pm BST There’s a lot of drama in the oil price today.Crude prices fell sharply, following reports that Saudi Arabia has agreed to a partial ceasefire in Yemen, where it has been fighting Houthi militants since 2015.Brent Crude #Oil drops on report Saudi Arabia agrees to partial cease fire in Yemen. pic.twitter.com/XAuSGoh7KhIran wanted me to lift the sanctions imposed on them in order to meet. I said, of course, NO! 2.10pm BST The process to bring Thomas Cook’s holidaymakers home is continuing today.By the end of the day, the Civil Aviation Authority expects to have returned another 16,000 people. That means 77,000 customers will have been repatriated since the company went into liquidation on Monday morning. Related: Thomas Cook rescue effort brings back half of all holidaymakers Pleased to confirm that we’ve managed to set up an Employment Fair for ex-Thomas Cook employees on 3/10/2019 at Manchester Airport with many big employers in attendance & free travel provided by @OfficialTfGM. See below for details. https://t.co/Kf776VgSBz Continue reading…
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