LONDON (Reuters) – Britain’s job market withstood the end of the government’s furlough scheme last month, according to data which could ease lingering concerns at the Bank of England about the risks of raising interest rates from their pandemic low.FILE
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UK recovery perks up despite consumer gloom and inflation surge
LONDON (Reuters) -Britain’s economy unexpectedly regained momentum in October, despite surging costs and mixed consumer signals, according to surveys on Friday that could tempt the Bank of England to raise interest rates for the first time since the pandemic.FILE PHOTO:
Opinion | Britain Is Heading Into a Nightmarish Winter
LONDON — Long lines outside gas stations. Panicked drivers fighting one another as the pumps run dry. Soldiers deployed to distribute fuel across the country. And in the background, the pandemic stretching on, food rotting in fields and families sinking
UK employers, stung by new levies, call for overhaul of tax system
LONDON (Reuters) – British businesses demanded that finance minister Rishi Sunak stop raising their taxes and instead offer more help to meet the challenges of Brexit, COVID-19 and climate change when he makes major budget statements next month.FILE PHOTO: People
Private Equity Firms All Want the Same Thing: British Companies
LONDON — It began as a market stall in West Yorkshire, selling eggs and butter just before the turn of the 20th century. Today that market stall is Morrisons, Britain’s fourth-largest supermarket chain, with nearly 500 stores and the prize
UK supermarket Morrisons shares at eight-year high ahead of expected bid battle
LONDON (REUTERS) – Shares in British supermarket Morrisons hit almost eight-year highs on Monday on investor hopes that the rebuffed United States private equity group Clayton, Dubilier & Rice (CD&R) would return with a higher offer to counter Fortress’ in
Britons reveal what they most look forward to saying goodbye to when lockdown ends – poll
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BoE Deputy Governor Broadbent forecasts consecutive quarters of rapid growth -Telegraph
April 24 (Reuters) – Bank of England Deputy Governor Ben Broadbent has forecast consecutive quarters of rapid growth but also warned that inflation will prove less predictable, according to an interview with the Telegraph newspaper. It may be too soon
Greensill administrator unable to verify invoices underpinning loans to Gupta: FT
FILE PHOTO: Logo of Greensill Bank is pictured in downtown Bremen, Germany, March 10, 2021. REUTERS/Fabian Bimmer(Reuters) – Greensill Capital’s administrator has been unable to verify invoices underpinning loans to Liberty Steel owner Sanjeev Gupta, the Financial Times reported on
British lawmakers say EU financial market access may not be worth it
LONDON (Reuters) – The City of London may be better off staying out of the EU’s financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain’s upper house of