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Profits at banking giant HSBC more than doubled in the first half of the year as it... Hong Kong. Europe s biggest bank by assets saw pre tax profit for...
Business
It s not often that economies face the... the last year, and none of us should be surprised... is triggering an historic rebalancing of power between the bosses... Death,...
Business
The Consumer Prices Index measure of inflation rose from 2.1 in May, the Office for National Statistics said, ... rate is higher than the Bank of England s 2 inflation...
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UK banks will play a key... support unwinds, according to a Bank of England report. In its latest update on the health of Britain s financial system, the Bank...
Business
... line with the rising cost of living seen in the Consumer Prices Index CPI measure of inflation, increasing average wages, or 2.5 , whichever of those three is highest. Predictions...
Business
... previously expected, according to the Office for Budget Responsibility OBR ... remain less generous than much of Europe, and are vital for millions of people. At present The.. pensions each...
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... sharply last year as swathes of businesses closed in lockdown, ... address around £10bn a year of continuing pandemic expenditure to cover the costs of Mr Hughes said these... rules...
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... staff should be in the office. The Centre for Cities think tank said the number of people back in their place of work across the UK... was still just...
Business
The Bank of England governor has warned against... his last day at the Bank this week, economist Andy... to be a temporary feature of the UK economy s... vain...
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... into Saffery Champness s audit of Greensill Capital s financial... raising concerns over the future of GFG Alliance, the sprawling... Liberty Steel. Following the collapse of Greensill, it emerged...
Business
In its latest statement, the Bank s Monetary Policy Committee... steady at the historic low of 0.1 . Rates have been... help contain the economic shock of Covid 19. Financial market...
Business
And inflation of prices charged by firms... Index PMI , painted a picture of a fast growing economy as the easing of coronavirus curbs unleashes pent up demand. It gave a reading...
Business
... October next year, although post offices will still exchange them. The Bank of England s own counter can... value. image captionAlan Turing £50 banknotes at the De La... to...
Business
. pandemic helped make Canada one of the world’s hottest real estate markets. With a portfolio of more than 100 houses, ... a country that faces one of the world’s most...
Business
... serve as senior deputy governor of the Bank of Canada, begins a three year stint as one of five external members of the Bank of England’s Financial Policy Committee FPC ......
Business
The Office for National Statistics said... stores as consumers took advantage of Covid restrictions being lifted... for outdoor furniture. The proportion of online sales dipped as... a row that...
Business
... rising if the cost of a £1 jar of jam rises by 5p, ... may not notice low levels of inflation from month to... in inflation was, however, partly...
Business
The chairman of JD Sports has rejected criticism of a large bonus he.. the retailer benefited from millions of pounds in Covid support... that period the [firm s] profits...
Business
... bonus despite benefiting from millions of pounds in Covid support... a £300m loan through the Bank of England s Covid Corporate Financing... it had not used any of the...
Business
... time we are testing both banks and insurers to allow.. capture interactions between them, the Bank said . It will examine banks such as Barclays, HSBC, ... and Scottish Widows....