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Hardcore

17 Oct 20227 mins
Hardcore

Drama and volatility continued to grip UK bond markets this week, eventually forcing the Bank of England to intervene not once, but twice. And just when you think that Britain has enough on its plate, new data out this week showed the UK economy unexpectedly contracted in August from the month before. Over in the US, the CPI report came in worse than expected with core inflation reaching its highest level since 1982. That’s hardcore. In other news, UK large caps are buying back their own shares at record pace. Finally, speaking of records, hackers are on track to steal a record amount of crypto this year. Find out more in this week’s review.

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