Businesses scuffle amid rising interest rates
Businesses scuffle amid rising interest rates

The business sector in Bangladesh is grappling with a crisis due to successive increases in loan interest rates. Rising costs have stalled investments, creating widespread challenges. Business leaders point out that while consumer loan rates are typically raised globally to curb inflation, in...

Bank of England cuts interest rate amid falling inflation
Bank of England cuts interest rate amid falling inflation

The Bank of England (BoE) cut its key interest rate on Thursday by 25 basis points to 4.75%, signaling further reductions as UK inflation dropped to a three-year low of 1.7%. This is the BoEs second rate cut since August, and follows a trend among major central banks in easing borrowing costs after...