Trade win unlocks £250 million for British firms in Vietnam
Trade win unlocks £250 million in exports for British pharmaceutical firms in Vietnam. HM GovernmentSource
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Pound drops after Bank of England says it could cut interest rates more if jobs market slows
‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey Business live – latest updates The pound dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if the job market slows
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Office for National Statistics has ‘deep-seated’ problems and needs an overhaul
Devereux Review on the UK’s main statistics body also says a revision of past figures may be required The UK’s main statistics body needs a £10m overhaul and its top role split in two after a series of management failings and errors that have plagued the organisation for
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Growing signs of slowdown in UK jobs market, says Bank of England governor
Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decision Business live – latest updates There are growing signs that the UK jobs markets is slowing as employers respond to higher national insurance contributions (NICs) by cutting hiring and
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Britain remains trapped in poor economic policy | Letters
Readers respond to Randeep Ramesh’s article on the flaws in Labour’s approach to the economy Randeep Ramesh certainly tackles a worthwhile and complex modern economic policy conundrum (Labour could find the money it wants without raising taxes. This is austerity by amnesia, 29 June). But his opinion that
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‘David Attenborough on a tenner’: Guardian readers’ ideas for new banknotes
Bank of England has asked public for views before first major redesign of banknotes in more than 50 years Banknotes issued by the Bank of England are to have a major redesign for the first time in more than 50 years. Historic figures such as Winston Churchill and
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Bank of England cuts interest rates to 4.25% and welcomes US-UK trade deal – as it happened
Bank policymakers split 5-2-2 over this month’s interest rate decision UK interest rate cut: what does it mean for mortgages and savings? Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy Trump expected to announce framework of UK trade agreement, sources say Sweden’s central
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Tell us: what would you like to see on a redesigned bank note?
Banknotes issued by the Bank of England are being redesigned. We’d like to hear your suggestions for a new theme Banknotes issued by the Bank of England are to have a major redesign for the first time in more than 50 years. Historic figures such as Winston Churchill
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UK inflation falls to 3.4%, complicating Bank of England’s interest rate task
Annual drop in May but policymakers still almost certain to hold rates at 4.25% on Thursday Inflation in the UK fell to 3.4% last month as shop prices declined, complicating the Bank of England’s interest rates decision on Thursday. Policymakers are still almost certain to hold interest rates
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Rachel Reeves needs wider headroom against fiscal rules, ex-Bank of England deputy says
Charlie Bean says slim margin of £10bn means chancellor ‘has to neurotically fine-tune taxes to control OBR forecast’ Business live – latest updates The former Bank of England deputy governor Charlie Bean has urged Rachel Reeves to create much wider headroom against her fiscal rules – a decision
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