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UK records western Europe's highest inflation as March fall disappoints

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Thu, Apr 20, 2023 06:45 AM

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Newsletter Apr 20, 2023 Britain was the only country in western Europe with double-digit inflation i

Newsletter Apr 20, 2023 [ International Business Times]( [UK records western Europe's highest inflation as March fall disappoints]( Britain was the only country in western Europe with double-digit inflation in March after it fell less than expected, official data showed on Wednesday, bolstering bets that the Bank of England will raise interest rates again in May. [Security guards at London's Heathrow airport to strike in May]( The airport's management insist they have been engaged in talks with Unite for months and had improved a 10 percent pay rise offer with a further £1,150 lump sum this year.  [Learn more about Jeeng]( [Britain expects up to 56,000 immigrants to arrive in small boats this year]( Britain is anticipating that 56,000 migrants will cross the Channel in small boats to its shores this year, court documents show, meaning it would be need to house as many as 140,000 asylum seekers. [Dollar gains on rising US yields, British inflation lifts pound]( The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10% in March and put more pressure on the Bank of England to keep raising rates. [EU urges others to copy its rules for cryptoassets]( The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU's financial services chief said on Wednesday. [dianomi]( [Big consultancies promise change amid several reported scandals, but what about employees?]( Amid grand promises of change, have the top guns of management consulting forgotten two key stakeholders: junior consulting staff and impacted client staff? [Smaller businesses revealed to be putting cyber security measures on the back burner as cybercriminals and cyber threats run rampant]( With 2023's UK Government Cyber Breaches Survey showing that small businesses are not prioritising cyber security, John Davis has given his expert opinion. [Tech sector faces recruiting struggles amidst skills shortage crisis after global layoffs]( The tech sector was forced to reorganise twice, at first due to higher demand and then because of inflation, leaving over 55,000 unfilled positions. [Britain sounds alarm on spyware, mercenary hacking market]( British officials are sounding the alarm over the widespread abuse of surveillance software and hackers-for-hire. [China aiming for 'global technological supremacy', British cyber chief says]( China is aiming for "global technological supremacy" in cyberspace and is using its cyber capabilities to conduct intelligence and surveillance campaigns, Britain's cyber chief said on Wednesday. [Wall Street is divided over impact of strong Chinese economic growth, meanwhile US dollar surges as NY Empire State Manufacturing Index beats expectations]( Earlier this week, the US received encouraging economic indicators. However, analysts are considering the pros and cons as Chinese growth also beat expectations. [Microsoft could be secretly working on own AI chip, here's everything you need to know]( Microsoft's Project Athena could be related to the company's long-rumoured custom ARM-based chips for servers. [Chinese defence minister praises Putin for 'promoting world peace']( Chinese defence minister Li Shangfu praised Russia for "promoting world peace" during his four-day visit to the state [US swimmer Riley Gaines slams Biden for supporting 'radical minority' over transgender issue]( President Biden opposes the Protection of Women and Girls in Sports Act. You Might Like    [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2023 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.

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