DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Mark Kerrison - 1 Andrew Bailey - 1 Jeremy Hunt - 1 Stuart Cole - 1 BoE - 1 Rishi Sunak - 1 Danni Hewson - 1 AJ Bell - 1
Top related locs:
London United Kingdom City City of London Ukraine
Top related orgs:
National Education Union - 1 Department for Education - 1 Getty - 1 LONDON - 1 Bank of England - 1 National Statistics - 1 . Finance - 1 City of - 1

Search resuls for: "Equiti's Cole"


2 mentions found


☆ British workers keep getting pay raises — despite the Bank of England urging them not to ask for more money
  + stars: | 2023-07-12 | by ( Elliot Smith | ) www.cnbc.com   time to read: +7 min
Both Bank of England Governor Andrew Bailey and U.K. Finance Minister Jeremy Hunt on Monday told an audience in the City of London that high wage settlements were harming their efforts to contain inflation. Much of the increase in pay has been driven by the private sector, with annual wage growth increasing to 7.6% in the three months to April. However, Bank of England Governor Bailey noted in his Mansion House speech on Monday that the British economy has proven unexpectedly resilient. Last summer saw a slew of strikes and protests as real wages, which reflect the power of a worker's pay after accounting for inflation, declined at a record rate. "No question about it, current nominal wage growth remains far too high relative to the sustainable rate of probably around 3.5-4.0% yoy.
Persons: Mark Kerrison, Andrew Bailey, Jeremy Hunt, Stuart Cole, BoE, Rishi Sunak, Danni Hewson, AJ Bell, Bank of England Governor Bailey, Sanjay Raja, Raja, Equiti's Cole, Bailey, Kallum Pickering, Pickering Organizations: National Education Union, Department for Education, Getty, LONDON, Bank of England, National Statistics, . Finance, City of, Equiti, Monetary, Deutsche Bank, MPC, Treasury, Bank, The, England's Locations: London, United Kingdom, City, City of London, Ukraine
☆ Sterling higher as BoE, Treasury seek to calm markets
  + stars: | 2022-09-27 | by ( Samuel Indyk | ) www.reuters.com   time to read: +3 min
UK pound coins plunge into water coloured with the European Union flag colours in this illustration picture, October 26, 2017. The BoE "will not hesitate" to raise interest rates if needed to meet its 2% inflation target, governor Andrew Bailey said on Monday. "The BoE saying it won't change course has helped the recovery in sterling as it conveys a message that there's no sense of panic at the central bank," Cole added. "UK markets will now be hyper-sensitive to any communication from UK policymakers," said ING head of markets Chris Turner in a note. Pill voted with the majority to raise interest rates by 50 basis points at last week's policy meeting.
0 next >>
Total: 2