Economy
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BOJ stands pat on rates, maintains dovish stance
The Bank of Japan bucked the trend on Friday by keeping interest rates on hold and maintaining a dovish stance. As expected,…
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ECB to hold emergency meeting
The European Central Bank is to hold a rare unscheduled meeting on Wednesday to discuss the turmoil on Europe’s bond markets. In…
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UK govt slammed for hitting brakes on electric car grant
The UK government has been severely criticised for axing a £1,500 grant for motorists towards the cost buying an electric car. The…
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UK unemployment rate ticks higher; wages fall
The UK unemployment rate unexpectedly rose in the three months to April for the first time in a year, while vacancies remained…
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Go-Ahead agrees £648m takeover by Kinetic, Globalvia; Kelsian still interested
Transport operator Go-Ahead has accepted a £647.7m takeover offer from Australian bus firm Kinetic and Spanish infrastructure investor Globalvia Inversiones, but a…
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Retail sales slip as inflation firms its grip
Retail sales fell in May, according to fresh data released on Tuesday morning, as the cost-of-living crisis and soaring inflation squeezed consumers…
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Food price inflation hits 10-year high in May
Food price inflation reached a 10-year high in May, according to figures released on Wednesday. The BRC-Nielsen IQ Shop Price Index showed…
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Richard Lloyd takes over as FCA interim chairman
City watchdog the Financial Conduct Authority said Richard Lloyd, a former director at Which?, had taken over as its interim chairman. The…
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UK house prices grow for tenth-straight month in May
UK house prices grew for a tenth consecutive month in May, according to Nationwide’s House Price Index, but the rate of growth…
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CMA to appoint Marcus Bokkerink as chair
The Competition and Markets Authority said on Tuesday that it will appoint former Boston Consulting Group partner appoint Marcus Bokkerink as its…
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