By Mike Sheen For This Is MoneyPublished: 02:39 EDT, 11 October 2021 | Updated: 02:59 EDT, 11 October 2021Households must prepare for interest rates to rise earlier than expected as the Bank of England attempts to keep a lid on inflation, a key policymaker has warned. Michael Saunders, who sits on the bank's interest rate-setting Monetary Policy Committee, even hinted that rates could be hiked as early as this year. Sanjeev Gupta's Liberty Steel has secured a £50m cash injection, safeguarding 1,000 jobs at its plant in Rotherham and Stocksbridge. Heathrow airport has urged the Government to ramp up policies to ensure the development of sustainable aviation fuels, following the International Air Transport Association’s commitment to net zero aviation by 2050. > If you are reading on our app or another website click here to read Business Live

Source: The Nation October 11, 2021 06:33 UTC