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UK Inflation Rate Soars To 10.1%

The inflation rate in the UK hit 10.1% in September after dropping to 9.9% last month, with food prices witnessing the highest jump since 1982.

The Conference Board Reports 99% Of CEOs Are Preparing For A UK Recession

A survey conducted by The Conference Board, a non-profit research firm, revealed that the confidence of CEOs in the UK and US economies has hit an all-time low since the Great Recession.

Bank Of England To Purchase Gilt Bonds To Stabilize Market

The Bank of England revealed its plans to start unlimited gilt bond purchases until October 14 to stabilize its financial market.