Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live
Japan's central bank raised its policy rate to a 31‑year peak to tackle stubborn inflation, while the United Kingdom saw retail sales climb, signaling renewed consumer confidence. The rate hike underscores ongoing efforts to curb price pressures, and the UK sales increase points to a modest recovery after earlier downturns, as noted in a live business briefing.