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Category: 16year

  • Insolvencies soar to 16-year high as tax hike drives bosses to close up shop

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    Investor Empires

    The number of insults of the company increased sharply at the beginning of the year, as it reached an unprecedented level since the financial crisis, according to the latest numbers from the insolvency service. More than 1900 companies decreased in January – 10.7 percent over a year – which increased…

  • UK interest rates remain at 16-year high of 5.25%

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    bitlyfool

    The Bank of England chose to keep interest rates unchanged at 5.25%, the sixth consecutive meeting at the highest level in 16 years. However, there are signs from the central bank indicating a possible shift towards a rate cut, possibly as early as June. Andrew Bailey, Governor of the Bank…