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- The Telegraph
Rate cuts thrown into doubt amid rising wages and jump in US inflation
Workers’ wages are rising too fast to cut interest rates, the Bank of England’s chief economist has warned.
- Reuters
Vodafone gets green light for $5.41 billion sale of Spanish business
The British mobile operator announced the sale of its Spanish business to Zegona in October, marking an exit from a market that has dragged on performance for years. Vodafone intends to start an initial 500 million euros share buyback on Wednesday as part of the 2 billion euros it plans to return to investors in over 12 months.
- The Telegraph
Vodafone to halve dividend payments amid scramble to upgrade network
Vodafone is to halve its dividend as the telecoms giant prepares to invest heavily in its mobile networks.
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