“The Bank of England is facing the same cross-currents. Since its previous meeting in February, most developments – notably fresh rounds of fiscal stimulus domestically and abroad – have had positive implications for the economic outlook, but downside risks and uncertainty concerning the evolution of the pandemic are still prominent.”
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Energy price cap will rise in January adding pressure on households
admin, , Business, 0
A typical household energy bill fell by £240 a year in October to £1,834 a year but, of that,...
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Record mortgage borrowing as owners move or improve
admin, , Business, 0
House hunters, particularly first-time buyers, might be helped in their quest to have enough for a deposit by families...
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Lloyds sets aside £450m for car finance probe
admin, , Business, 0
Under what were called discretionary commission arrangements, some lenders had allowed car dealers to adjust interest rates on loans,...
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Manchester United: Sir Jim Ratcliffe agrees deal to buy 25% stake
admin, , Business, 0
Sir Jim Ratcliffe’s deal will see £236m used to upgrade the club’s training ground and Old Trafford stadium British...
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Students cut back on food as cost of living soars
admin, , Business, 0
The findings come as a separate survey by website Save the Student showed respondents spent £1,078 per month on...
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Covid PCR testing market labelled ‘rip-off jungle’
admin, , Business, 0
During the summer, the Health Secretary was forced to launch an investigation with the CMA to look into the...
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US labels Switzerland a currency manipulator
admin, , Business, 0
The designations came in the US Treasury Department’s semi-annual report, which examines currency practices of major US trade partners.
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Activists cheer as ‘sexist’ tampon tax is scrapped
admin, , Business, 0
Chancellor Rishi Sunak committed to scrapping the tax in his March Budget.
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