Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live

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Guardian Business

Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live

Rolling coverage of the latest economic and financial news The ONS also reports that sales at British department stores picked up in August following “stock availability issues” in July. Despite the inflationary squeeze on households, retail sales across Great Britain have risen over the summer. “Retail sales increased in the latest three months, with a particularly strong June for online outlets helping to boost the…