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Business & Finance

British Steel: more questions than answers on the future | Nils Pratley

Hard decisions over a possible sale and future subsidies loom now full nationalisation is on the cards Full nationalisation of British Steel expected in king’s speech “One of the proudest things we have done in government,” said Keir Starmer in Monday’s big speech about the decision a year ago to recall parliament in order to take control of British Steel at Scunthorpe. It was an odd boast…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Business & Finance

Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data

Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.

Β· 1 MIN READ Β· Bloomberg Markets
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