Sajid Shaikh Head of Yahoo Finance UK Sajid Shaikh is the head of Yahoo Finance UK. He has previously worked for The Guardian, CNN.com and the New Scientist magazine among other publications. Most Recent The Weekend: Interest rate cuts and trade deals lift the mood Key moments from the last seven days, plus a glimpse at the week ahead UK-US trade deal benefits Rolls-Royce amid tepid FTSE Prime minister Keir Starmer says deal will save thousands of jobs in the car and steel industries, as market observers consider it a 'limited relief'. UK inflation unchanged at 6.7% but key data suggest BoE may hold interest rates A slight drop in core inflation suggest the Bank of England may decide to hold interest rates in November meeting. Bank of England set to raise interest rates to highest level since the financial crisis The UK's central bank widely expected to follow peers in raising interest rates on Thursday. Bank of England set to raise UK's interest rates to 1.25% The Monetary Policy Committee has little option but to raise interest rates to a 13-year high as the Bank grapples with out of control inflation. Ghost of Inflation Past: How 2021 became the year of high prices Prices have surged. Fuel, food and the lot. Most gifts too. Inflation has got many worried, and not just consumers. UK job vacancies hit record high as Omicron threatens recovery UK job vacancies have hit a record high of 1.21 million for the quarter ending November, an increase of 434,500 from its pre-pandemic level. UBS reveals investment outlook for 2022 and the next decade The world's leading global wealth manager publishes global outlook for money making opportunities in equities and bond markets. European markets close on high as UK suspends competition law to get fuel to petrol stations European markets rose on Monday morning after a frenetic weekend in the UK which saw several petrol pumps empty of fuel as ministers appealed to avoid 'panic buying'. New York pips London to world's top financial hub rankings again The City of London has once again been ranked second on the Global Financial Centres Index. Sunak tells City financial services equivalence deal with the EU has stalled Chancellor insists the EU would 'never have cause' to deny the UK access because of poor regulatory standards. Energy bills to fall for millions of UK households Energy bills will fall for 15 million UK households as regulator Ofgem reduces the default price cap from April. Lloyds and Halifax reveal names of dozens of branches to be shut across the UK The closures will take place between April and October 2020 and see the group shutting 31 Lloyds, 10 Halifax and 15 Bank of Scotland branches. Property market 'up a gear' as UK mortgages hit 10-year high UK banks have approved the highest number of mortgages in a decade, according to the latest data. UK firms face sharpest downturn since Brexit vote Brexit uncertainty continues to plague UK companies as private sector output hit its lowest level since the Brexit vote, according to new figures. TSB customers furious as bank hit by yet another IT glitch TSB customers have been hit by another IT glitch on Friday as the bank said payments into some accounts have been delayed. London Stock Exchange to consider shorter trading day London Stock Exchange said it intends to start a consultation after a call for Europe-wide review into trading hours to improve inclusion and efficiency. Supermarkets should remove 'best before' dates to tackle £4bn food waste UK supermarkets could save £4bn worth of food from going into bins by removing ‘best before’ dates where possible, according to major study published on Tuesday. Mothercare UK collapses putting 2,500 jobs at risk Company to shut all its UK stores and appoint administrators as it fails to find a buyer for its loss-making domestic business. UK firms face sharpest drop in output in eight years as Brexit bites Data shows businesses hurting across the UK economy from retail to manufacturing, with Brexit uncertainty continuing to hit business sentiment ahead of the general election.