Bank of England expected to hold interest rates at noon as it assesses fallout from Iran war – business live

Brent crude jumps another 7% to highest since March 2022 on report US is considering military options against IranPremier Inn owner Whitbread is to cut around 3,800 jobs in the UK and Ireland as it resets its five-year business strategy, following tax rises and pressure from a US activist investor.The cuts will affected around 12% of Whitbread’s 30,000-strong workforce in the UK and Ireland working in its Beefeater and Brewers Fayre restaurants, which are usually located next to or inside Premie...