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The Latest Breaking News from CBE

‘That’s two people we won’t hire now’: bosses react to Reeves’s tax rises

Employers say they will be counting costs of budget amid increases to national insurance contributions

The Guardian - UK

Ethiopian Bank Glitch Lets Customers Withdraw Up To £32m at ATMs

Ethiopian students took advantage of a glitch involving the Commercial Bank of Ethiopia before police stopped further withdrawals from happening.

International Business Times UK

Former Post Office CEO Paula Vennells stripped of CBE

She lost the title for ‘bringing the honours system into disrepute’

Evening Standard

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Egyptian Economy Shifts Focus to Silver Amid Savings Protection Efforts

Discover how Egyptians are turning to silver to protect their savings in the face of economic uncertainty, with silver being deemed the new gold. Find out ...

Top News

Theresa May’s government ‘pushed for Paula Vennells CBE despite concerns over Post Office scandal’

The former Post Office CEO, who gave up the honour this week following public outcry over the scandal, was nominated for the prestigious award by the Department for Business

The Independent UK

‘We tapped into the nation’s rage’: The creators of Mr Bates vs the Post Office on the drama’s colossal impact

The ITV series about the Post Office scandal is swiftly becoming one of the most influential dramas of all time. Its writer Gwyneth Hughes and producer Patrick Spence tell Ellie Harrison they are astonished by the reaction – and explain what a real win will look like for the victims

The Independent UK

Former Post Office boss hands back CBE – as she’s urged to give answers over Horizon scandal

Disgraced former chief executive apologises for ‘devastation’ caused – as Rishi Sunak eyes emergency bill to quash all 800 convictions at once

The Independent UK

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Post Office scandal – live: Paula Vennells hands back CBE after more than 1 million sign petition

Paula Vennells first became involved in the company in 2007, before being promoted to chief executive in 2012 and stepping down in 2019

The Independent UK

Ex-Post Office boss hands back CBE as Fujitsu to be quizzed over faulty Horizon system

Downing St says Paula Vennells made 'the right decision' as it vows 'swifter justice'

Evening Standard

Post Office Horizon scandal: Fujitsu will be hauled before MPs to answer whether it put 'profit before people'

Hearing next week amid pressure for Japanese IT giant to pay compensation to wronged postmasters

Evening Standard

Post Office scandal: Ministers in crunch talks with judges on how to fast-track clearing Horizon victims

A Bill to quash subpostmasters’ convictions is one of the options being considered

Evening Standard

Post Office scandal: Sunak would ‘strongly support’ review of ex-boss’s CBE

Calls grow for Paula Vennells to have honour removed as ITV drama brings Horizon scandal back into spotlight

The Guardian - UK

Attempted suicide, exile abroad and prison: The stories behind the Post Office scandal

Victims of the scandal who lost their homes and spent time in prison have spoken out after ITV drama ‘Mr Bates vs. The Post Office’ recaptured the attention of the nation

The Independent UK

Sunak would ‘strongly’ back honours probe into ex-Post Office boss’s CBE

PM’s intervention comes as Tory MPs and Labour urge government to consider legislation to exonerate staff

The Independent UK

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The Independent UK

The Post Office Horizon IT scandal explained

Victims of the Post Office scandal are calling on ministers to speed up their compensation payments and to have their wrongful convictions quashed

The Independent UK

Man who helped bring about Queen and McGuinness handshake to become a CBE

Peter Sheridan is the chief executive of Co-operation Ireland.

The Independent UK

John Greig thanks Rangers after becoming CBE

The 80-year-old spent his entire career with the Gers as a player, manager and director and he now holds an ambassadorial role.

Asharq Al-Awsat

Egypt’s Central Bank Faces Multiple Crises, Limited Options

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold a periodic meeting on Thursday when options to contain successive shocks to the Egyptian economy remain limited before growing local and global crises. CBE will likely raise interest rates at today’s meeting to curb inflation, which…

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WEKU

Jefferson Co. Board of Education authorizes JCPS to challenge Kentucky charter school law

Asharq Al-Awsat

Egypt's Central Bank Expected to Raise Interest Rates by 100 Basis Points

Experts and economists agreed that the Central Bank of Egypt (CBE) will raise interest rates during its meeting on Thursday but did not agree on the rate hike. A Reuters poll forecasted that the central bank will raise its overnight deposit rate by 100 basis points (bps) as it tries…

Asharq Al-Awsat

Egyptian Remittances Increase 1.6%

The Central Bank of Egypt (CBE) said that the Egyptian remittances increased 1.6% to about $31.9 billion during fiscal year (FY) 2021/22, compared to about $31.4bn last year. The CBE said on Tuesday that the period from April to June 2022 witnessed an increase in those transfers by 3%, to…

Asharq Al-Awsat

Egypt Central Bank Holds Rates Steady After Change of Governor

The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit on Wednesday. President Abdel Fattah al-Sisi appointed Hassan Abdalla as caretaker CBE governor on Thursday after Amer's resignation. Analysts said the CBE may…

Asharq Al-Awsat

Expectations Vary on Egypt Cen Bank Raising or Fixing Policy Rates at Upcoming Meeting

Opinions and expectations varied regarding the decision by the Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) to raise or fix the country’s policy rates in its upcoming meeting on Thursday. The research department at HC Securities and Investment expected the MPC to hike policy rates by 200 bps…

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