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Investors increase their bets on a 100 basis-point BoE rate hike

Interest rate futures put the chance of a 100 basis-point rate hike by the BoE at about 37%, higher than before the announcement of the delay.

Earlier this month investors sharply scaled back their nearly 100% bets on such a big borrowing costs increase after new finance minister Jeremy Hunt ripped up the economic plans of former prime minister Liz Truss last week, before she resigned.

More than 100,000 Americans are waiting for an organ transplant

UK’s Rishi Sunak delays plan on public finances until Nov 17