The quarter-point rise comes amid growing talk in the City that rates are now near their peak
The most influential central bank in global finance is expected to hike rates even after banking sector chaos
It’s now seen as a 50-50 call on whether the Monetary Policy Committee lifts rates on Thursday
Ken Lever, who previously chaired waste management business Biffa, has been brought in as the firm’s interim chair
The new site is set to open in 2024
To hike or not to hike: the US central bank’s dilemma as interest rates bite into banks but its inflation fight is not yet over
Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week
It follows an earlier round of 18,000 layoffs announced in January
Interest rate rises look less likely as turmoil continues in financial sector as wider markets find support
Investment bank, back office and technology jobs are set to be axed in London after UBS swallowed up Credit Suisse
Shares in the Swiss bank were halted from trading, as were Société Générale, Monte dei Paschi and UniCredit
