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The State Bank of India (UK) has raised the interest rates on its range of products after the announcement by the Bank of England to increase the base rate. The rate of increase is from 35bps to 100bps. The new rates are effective from 22 June...

An industry survey showed that British economy is showing signs of thwarting as high inflection hits new orders and businesses report levels of concern that normally signal a recession. Meanwhile, the S&P Global Purchasing Manger Index (PMI),...