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Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live

Rolling coverage of the latest economic and financial news UK mortgage rates have crept a little higher today, even though the Bank of England left interest rates on hold yesterday. Moneyfacts reports that the average 2-year fixed residential mortgage rate today is 5.84%, up…

The Guardian Business·

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Business

Todd Boehly exits Chelsea diminished after having his fingers burned

The billionaire’s departure will change little day-to-day but could be significant for club’s stadium plans Not since a doomed foray into the thorny world of the transfer market has Todd Boehly had any real influence over the day-to-day at Chelsea. The American exits football as…

The Guardian Business·
Business

Global leaders urged to join initiative to fight extreme inequality

More than 1,500 academics and economists sign letter, calling growing gap between richest and poorest ‘a policy choice that can be reversed’ More than 1,500 academics and economists from 100-plus countries are urging global leaders to join an initiative against extreme…

The Guardian Business·

Technology & Startups

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Tech

Could AI really end humanity? Post your questions for our tech reporters now

After a week of alarming warnings about the technology’s potential to destroy the world as we know it, our expert tech reporters will take your questions on the reality of the AI threat. Join us at 3pm BST (4pm CEST, 10am EDT) where they will answer live Sign up or sign in to…

The Guardian Technology·

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