 Bill for Bank of England money printing balloons by £50bn Predicted losses on quantitative easing rise to £270bn amid bets on higher interest rates. 2) Unilever claims staying in Russia is its 'least bad option' as profits soar on price rises The new chief executive of Unilever defended its ethical record as questions mount up over so-called greedflation and its continued presence in Russia. 3) Google has shrugged off fears that ChatGPT threatens its dominance in internet search after its parent company Alphabet posted nearly $75bn (£58bn) in sales. 4) Comment: Sunak's net zero flip-flopping makes investing in the UK a fool's game Boris Johnson once accused Keir Starmer of having 'more flip-flops than Bournemouth beach'. Yet, the Government's record leaves it in danger of rivalling the departure lounge at Rhodes airport. 5) Apple accused of 'colluding' with Amazon to keep iPhone prices artificially high Apple has been accused of striking a secret deal to keep the price of iPhone, Beats headphones and its other products on Amazon artificially high. What happened overnight Asian stock markets retreated Wednesday after Wall Street hit a 15-month high ahead of a Federal Reserve meeting that traders hope will end with the final increase in this interest rate cycle. Shanghai, Tokyo, Hong Kong and Seoul declined. Investors expect the Fed to raise its key lending rate on Wednesday by 0.25 percentage points to a 22-year high. Meanwhile, traders waited to see how China's ruling Communist Party will carry out its promise to shore up sluggish economic growth. The Hang Seng in Hong Kong sank 0.6pc to 19,3){kind=link}
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Nigel Farage has said the “whole board needs to go” at NatWest following the resignation of chief executive Dame Alison Rose.
Dame Alison quit after admitting that she leaked private banking information about Mr Farage to the BBC.
Mr Farage said her decision to step down was “a start” but Sir Howard Davies, the NatWest chair, should “absolutely” resign.
He added that he believed Peter Flavel’s position as the chief executive of Coutts bank was no longer “tenable”.