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UK’s Johnson abandons bid, to delay probe

  Bloomberg Boris Johnson abandoned a bid to delay a vote on whether Parliament should investigate his past comments on “partygate,” as opposition lawmakers accused him of lying over rule-breaking during the pandemic. The UK prime minister, who is in India pushing for a trade deal, is missing the debate which started on Thursday in the House of Commons. Opening ...

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Traders bet ECB will lift policy rate above zero by year-end

  Bloomberg Traders are betting the European Central Bank (ECB) will raise rates above zero this year for the first time since 2012, after a string of hawkish comments from policy makers spurred speculation the bank is priming the market for faster-than-expected monetary tightening. Money markets are pricing 75 basis points of interest-rate hikes by the ECB’s December decision, according ...

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