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Following similar demands from European supervisors, the Bank of England, which oversees banks in the City of London ...
The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...
The UK's main stock indexes closed higher on Thursday, helped by positive corporate updates, while data suggested the labour ...
After costly policy reversals by her boss and an unexpected shrinking of the economy, the last thing the Chancellor needed ...
In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...
London's main stock indexes rose on Thursday, as signs of a cooling labour market assured investors that the Bank of England ...
The jobs market continued to cool in May, keeping the Bank of England on course to cut its key interest rate next month, ...
But the Bank for International Settlements, the umbrella body for central banks, last month warned that the unchecked rise of ...
LONDON (Reuters) -British annual wage growth, excluding bonuses, was slightly higher than expected at 5.0% in the three ...
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
In one case, a global bank based in Britain was recently instructed to conduct internal stress tests that included scenarios ...
An interest rate cut from the Bank of England in August looks a “near certainty” after new figures showed unemployment rising ...