Spend some time catching up with the latest business and finance news in our weekly round-up…

 

Bank of England raises interest rates to 0.75%

The Bank of England has raised interest rates above the emergency level introduced after the financial crisis. This is despite mounting fears of the economic impact of Britain crashing out of the EU.

Apple reaches $1trillion value

Apple has become the first American public company to cross $1trillion in value. The company achieved the number on Thursday when the stock passed $207.04 a share.

Businesses must take the lead to tackle ‘obscene’ gender pay gap, say MPs

The UK has one of the widest gender pay gaps in Europe, and the Business, Energy and Industrial Strategy Committee say that businesses must drive change.

London Stock Exchange rolls out no-deal Brexit plans

The London Stock Exchange has started implementing contingency plans in case the UK leaves the EU without a transition deal. Plans include creating new entities within the European Union.

Investors with trillions in assets call for deforestation halt

Global investors managing more than $2.8trillion in assets have joined forces to put an end to forest loss driven by agricultural commodity production in Brazil’s Cerrado region.

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