Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.
Rupert Murdoch is suing ITV and ITN in a row over a video released by The Sun of the Princess of Wales at a farm shop in Windsor.
Thames Water is planning to pay out £2bn in dividends over the next decade despite growing fears over the company’s collapse, The Telegraph can reveal.
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