BoE’s Bailey warns against over-reaction to rising inflation
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday it was important not to over-react to a rise in inflation that was likely to prove temporary during Britain’s economic recovery from the COVID-19 crisis. Echoing the message from the BoE’s June policy meeting last week, Bailey said the Continue Reading
Nissan bets big on UK with EV battery plant and new crossover
By Guy Faulconbridge and Paul Sandle SUNDERLAND, England (Reuters) – Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model. Facing Continue Reading