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Time for the UK to tax inflation
Measures targeting salary increases or excess prices would provide the Bank of England with another policy instrument
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Top Fed official signals interest rates to stay on hold
Christopher Waller says recent economic data does not necessitate ‘imminent’ policy tightening
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China’s demand dilemma could spell trouble for the world
The other G20 countries should signal consensus against Beijing running a big surplus
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Councils in England and Wales face £2bn shortfall as inflation bites
Analysis by Local Government Association shows more local authorities struggling to deliver on basic services
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UK’s Birmingham city council declares bankruptcy
Biggest local authority calls for government help to get ‘back on a sound financial footing’
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The UK is becoming a pragmatic country again
Britain has turned against radical politics faster than other rich nations because it has lost more from it
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SoftBank-backed Arm targets $50bn-$55bn valuation as it pitches IPO
Nvidia and Apple among the companies expected to take part in chip designer’s listing
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Arm targets valuation of up to $52bn in IPO
Updated filing shows chip designer will raise an initial $4.9bn for current owner SoftBank
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