Lenders lift mortgage rates as Iran war hits borrowing costs

Charlotte EdwardsBusiness reporter, BBC News Getty Images Pizza Hut is to close 68 restaurants and 11 delivery sites in the UK with the loss of 1,210 jobs, after the firm running them fell into administration. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. However, Pizza Hut’s…

Faisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…