FT News Briefing

Bank of England continues interest rate rise campaign

Stronger than expected online sales helped Amazon beat Wall Street expectations for last quarter, and the Bank of England raised interest rates for the 14th time in a row. Plus, the FT’s Christopher Miller explains the strategy behind a series of drone attacks on Moscow. Mentioned in this podcast:<a href="https://on.ft.com/3Qxg4Km" rel="noopener noreferrer" target="_blank">Amazon’s cost-cutting and online sales lift earnings</a><a href="https://on.ft.com/3KtgWMl" rel="noopener noreferrer" target="_blank">Apple profits rise as services arm surpasses 1bn users</a><a href="https://on.ft.com/43VJW6v" rel="noopener noreferrer" target="_blank">Bank of England raises interest rates by 0.25 percentage points</a><a href="https://on.ft.com/44TegzU" rel="noopener noreferrer" target="_blank">Treasury yields keep climbing after US increases borrowing plans</a><a href="http://ft.com/festival" rel="noopener noreferrer" target="_blank">FT Weekend festival</a> promo code: FTPodcast The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.  <a href="https://www.ft.com/content/c166d88b-5c6a-4fb4-b463-3cbd5a45921d" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.