UK borrowing costs hit three-month high amid ‘buyers’ strike’ fears; US inflation dips to 2.4% as jobless claims jump – as it happened

UK borrowing costs hit three-month high amid ‘buyers’ strike’ fears; US inflation dips to 2.4% as jobless claims jump – as it happened
By: The Guardian Posted On: October 10, 2024 View: 5

Yield on 10-year UK government debt hits highest since early July, while inflation has eased in the USSeptember inflation weakest in three years as price growth continued declineThe cost of building a new UK nuclear power plant at Hinkley Point is weighing on French energy firm EDF.Bloomberg are reporting that EDF is holding talks with investors over funding for the Hinkley Point C nuclear power plant.“Over the past year, we have been carefully preparing the Unilever Russia business for a potential sale. This work has been very complex, and has involved separating IT platforms and supply chains, as well as migrating brands to Cyrillic.“The completion of the sale ends Unilever Russia’s presence in the country.” Continue reading...

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