The Week in Review
Intercom cuts jobs, EY announces major split and Dublin council criticised over data centre ban
All the business news you need to know, from the week that was
ECB hikes interest rates again
The European Central Bank raised its key interest rates by an unprecedented 75 basis points and signalled further hikes, prioritising the fight against inflation even as the economy is heading for a likely winter recession. With inflation at a half-century high and approaching double-digit territory, policymakers are worried that rapid price growth could become entrenched. Following up on its July rate hike, the ECB raised its deposit rate to 0.75 ...