Burger King UK seeks £40M refinancing to fund expansion: report
Burger King UK, the main operator of the fast-food chain’s British business, is set to begin discussions with lenders for a major refinancing deal nearly eight years after it was…
Economy
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China holds key lending rates steady amid trade uncertainty
China’s central bank kept its key lending rates unchanged on Thursday as policymakers balanced the need to support economic growth while maintaining currency stability amid rising trade tensions.The People’s Bank…
Will US stablecoin bill become a reality in two months? Bo Hines, Trump’s crypto council head, weighs in
Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, has signaled that comprehensive stablecoin legislation is imminent, with finalization expected in the coming months.Speaking at the…
Bank of Japan holds rates steady at 0.5% amid Trump tariff uncertainties
The Bank of Japan (BOJ) on Wednesday kept its key policy rate unchanged at 0.5% in a unanimous vote, in line with market expectations. The decision comes as policymakers assess…
New Zealand’s GDP recovery still fragile despite potential Q4 growth uptick
New Zealand’s economy likely eked out of recession in the fourth quarter of 2024, but growth remains sluggish, reinforcing expectations that the Reserve Bank of New Zealand (RBNZ) will continue…
UK wage growth stalls at 3% as employers brace for payroll tax rise
British employers have not made any changes in pay increases in response to rising costs and an impending hike in payroll taxes, bringing wage growth back in line with inflation…
Santander branch closures: 95 UK branches to be shut in digital banking shift
Santander has announced plans to close nearly a fifth of its UK branches as part of a broader network overhaul, putting 750 jobs at risk. The retail bank will shut…
USD/ZAR forecast: wedge forms ahead of Fed, SARB rate decisions
The USD/ZAR exchange rate retreated on Monday morning as tensions between the US and South Africa rose. It dropped to a low of 18.20, 5.40% below the highest level this…
USD/CHF analysis: forms bearish pattern ahead of SNB, FOMC
The USD/CHF exchange rate moved sideways on Monday morning as focus among investors shifted from the upcoming Swiss National Bank (SNB) and Federal Reserve interest rates decisions. It rose to…
USD/JPY forecast: signal ahead of FOMC and BoJ decisions
The USD/JPY exchange rate tilted upwards on Monday morning as investors focused on the upcoming Federal Reserve (FOMC) and Bank of Japan (BoJ) interest rate decisions. It rose to a…