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Industry backs UK National Payments Vision but confidence it will work lags

More than four in five UK industry leaders back the government's plan to overhaul the country's payment systems, but fewer than a third are very confident in how it will work, according to a survey.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

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US producer inflation beats forecast as diesel spikes

US wholesale inflation picked up more than expected in August, government data showed on Thursday, driven by higher energy costs in the month – particularly for diesel – as the US war on Iran…

  • US producer inflation exceeded forecasts in August
  • Diesel prices surged 24.1% due to Iran conflict
  • Diesel now averages $5.98 per gallon in US

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