Quarter-point rate hike predicted as Ukraine war drives prices up
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
At 10.7%, British inflation higher than 7.1% in U.S.
Fuel costs up 32% year over year
The decision aims to contain inflation without choking off economic growth, the central bank said
The deal aims to make sweeping changes to how big multinational companies are taxed, deterring profit stashing