Economy
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Bundesbank chief Jens Weidmann to step down
Germany’s Central Bank said on Wednesday that President Jens Weidmann will step down at the end of December. Weidmann is leaving the…
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Houses prices spike ahead of stamp duty holiday ending
UK house prices jumped in August, official data showed on Wednesday, as buyers rushed to secure homes before the stamp duty holiday…
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Inflation dips in September but remains well above BoE target
UK consumer price inflation unexpectedly dipped in September despite the rising cost of fuel and transport, according to figures released on Wednesday…
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Government to link mortgages to green home improvements – report
The government wants to link mortgages to compulsory green improvements to homes, it was reported on Tuesday. According to The Times, the…
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Fire breaks out at Kuwait refinery; Supply not hit – KNPC
A fire has broken out on at the Mina al-Ahmadi oil refinery in Kuwait but operations and exports have not been affected,…
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FCA chair Charles Randell to step down a year early
Charles Randell will step down as chair of the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) next spring. The FCA…
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House price growth softens, but supply issues remain – RICS
House price continued to grow in September, a closely-watched industry survey showed on Thursday, but at a slower rate than previously seen.…
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MPC member Tenreyro pushes back on early rate rise
One of the Bank of England’s policy setters has warned against raising interest rates in response to short-lived inflationary pressures, arguing it…
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UK economy grows a little less than expected in August
The UK economy grew a touch less than expected in August despite the easing of Covid measures, according to figures released on…
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UK govt departments face £2bn in spending cuts despite tax rises – IFS
UK government departments face deep budget cuts of more than £2bn even as Finance Minister Rishi-Sunak increases taxes to their highest peacetime…
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