Britain's benchmark share index closed at a record high on Friday and logged its best month in more than two years, while investors prepared for the Bank of England's rate decision next week. The blue-chip FTSE 100 hit an all-time high of 8,

London rents are almost a third higher than before the pandemic, the equivalent of GBP630 ($1,058.99) per month.

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.

Stock markets mostly rose Friday, led by New York after strong results from Apple reassured investors that the tech sector was still healthy after a volatile week, though European shares were hit by a late bout of profit-taking.

The price of gold hit new highs above $2,800 per ounce on the last day of January amid uncertainties about trade and tariffs before dropping back below $2,800 in the

EXCLUSIVE: Donald Trump has sparked a gold rush with the US swiping Britain’s bullion leaving London currently facing a shortage as those across the pond stockpile

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Canada and Mexico say they’ve prepared the option of retaliatory tariffs to be used if necessary now that the White House says the U.S. will put in place 25% tariffs on imports from them this weekend.

Trump announced he will implement a 25 percent tariff on Canada and Mexico for all imported goods. China, meanwhile, will face face an additional 10 percent tariff. Trump says the additional charges are part of an effort to curtail “crime and drugs” coming into the U.S. and slow the number of illegal border crossings.

The Federal Reserve's favorite inflation gauge showed prices increased slightly in December 2024. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average,

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