9am Lowdown: HSBC, FIA and inflation

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Happy Friday, everyone. Welcome to today’s 9am Lowdown.

News roundup

UK inflation reaches five-year high of three percent, raising pressure on the Bank of England to raise interest rates for first time in a decade. (Financial Times)


HSBC and Standard Chartered face UK financial regulators and Serious Fraud Office investigation over South African corruption scandal. (BBC)


The Fédération Internationale de l’Automobile (FIA), Formula One’s governing body, has been advised to introduce a whistleblowing system to prevent corruption following an investigation by the consultancy firm Deloitte. (Independent)


Conservatives urge Theresa May to walk away from Brexit talks if EU27 continue refusing to discuss trade. (The Guardian)


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