Bank of England Signals Extended High Interest Rates; Train Drivers Plan Strikes

Burberry Faces Revenue Shortfall Amid Luxury Spending Slowdown; Mars Acquires Hotel Chocolat for £534m

Bank of England rate setters indicate that interest rates may need to stay high for an extended period due to structural changes in major economies.
Train drivers announce a series of strikes and a nine-day ban on overtime next month in a long-running dispute over pay.
Burberry warns it may not meet this year's revenue targets due to a global slowdown in demand for luxury goods.
Mars agrees to buy premium chocolate maker Hotel Chocolat for £534m.
Royal Mail reports underlying losses of £319m for the six months to September 24, calling for 'urgent' reform of its six-day letter service.