‘Hawkish’ Bank of England raises rates and US stocks plummet

The market has been reacting to possible tougher scrutiny of data centre construction and the AI industry following the US mid-terms

The base rate helps dictate how expensive it is to take out a mortgage or a loan.

The Bank’s Governor Andrew Bailey also warned that further hikes are likely if the Iran war is not resolved.

The Co-op will add Southern’s 330,000 members to its existing seven million, as well as about 300 food, funeral and Starbucks coffeehouse sites.