The number of infections exceeds 250 in the E. coli outbreak in the United Kingdom

The number of people sickened by an E. coli outbreak linked to lettuce leaves has surpassed 250. Since the end of May, there have been 256 confirmed patients in the Shiga toxin-producing E. coli (STEC) O145 outbreak. The UK Health Security Agency (UKHSA), Public Health Scotland and Public Health Wales are investigating the increase in … Read more

The US labor market exceeds expectations with 272,000 new jobs in May

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The U.S. labor market added 272,000 jobs in May, far more than forecast, pushing back market expectations for the timing of the Federal Reserve’s rate cuts. The Bureau of Labor Statistics figures match economists’ prediction … Read more

Pound Sterling jumps against the euro and dollar after British inflation exceeds expectations

BOE

Image © Adobe Stock The pound-to-euro exchange rate reached its highest level since March, at 1.1736, after UK inflation fell to an annual rate of 2.3% in April, a figure higher than the market and the Bank of England had expected (2.1%). The all-important and much-watched component of inflation in the services sector was noticeably … Read more