DKDanica Kirka

1. Article · Jul 30, 2026 · Danica Kirka

   Bank of England keeps interest rates at 3.75% for fifth time this year | Fortune (opens the original)

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   The Bank of England kept its key interest rate on hold for the fifth time this year on Thursday after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran. The bank’s monetary policy committee voted 6-3 to keep the rate at 3.75%, in line with the expectations of most economists. Policymakers have kept the rate at that level since December after four rate cuts in 2025. The split decision highlights growi

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2. Article · Jul 16, 2026 · Danica Kirka

   'British Steel now belongs to the British people': China booted from national champion to save thousands of jobs | Fortune (opens the original)

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   The U.K. government has nationalized British Steel to protect the nation’s steelmaking capacity after the company’s Chinese owners moved to shut the plant’s blast furnaces. The Department for Business and Trade announced the move on Thursday, saying it would save thousands of jobs and protect the U.K.’s national interest by ensuring a supply of domestically produced steel for major construction projects and the defense industry. “British Steel now belongs to the British people, and our focus is

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