Labour vows to strengthen UK’s fiscal watchdog
Rachel Reeves says OBR would be given independent powers to produce forecasts
Financial & markets regulation
After pause, how much longer will Bank of England keep rates higher?
Policy makers now see UK cost of borrowing as ‘restrictive’ but want material progress on inflation before cutting
Central banks
Lina Khan: It’s time to halt roll-up schemes that violate antitrust laws
Popular with private equity firms, they can have serious consequences for consumers, workers and businesses
Mergers & Acquisitions
Cisco/Splunk: M&A deal could signal start of rate acceptance
Silicon Valley mainstay acquires cyber security software company $28bn in cash
Mergers & Acquisitions
FTC lawsuit targets serial acquisitions by private equity
Complaint alleges New York-based firm consolidated market to become ‘dominant player’ for anaesthesia services in Texas
Mergers & Acquisitions, Financial & markets regulation
Cisco agrees $28bn deal for cyber security group Splunk
US tech company seeks to propel next generation of AI-enabled online security
Mergers & Acquisitions
French music streaming company Deezer to raise subscription price
Move comes as industry increases fees and era of cheap entertainment comes to an end
Digital Media
ITV’s Carolyn McCall blames ‘stagnant’ UK economy for advertising downturn
Broadcaster’s chief criticises government for a lack of policies to stimulate growth
Advertising, Mergers & Acquisitions
Turkey raises interest rates for fourth time since June
Central bank lifts borrowing costs to 30% as part of efforts to tackle high inflation
Central banks
Bundesbank warns eurozone must avoid entrenched inflation ‘at all costs’
Joachim Nagel’s hawkish comments contrast with investor expectations of an end to rate rises
Central banks