Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "William Schomberg"


25 mentions found


UK set to have weakest growth among G7 in 2024, IMF forecasts
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +1 min
People walk through the 'More London' business district with Tower Bridge seen behind in London, Britain, March 16, 2023. British gross domestic product will expand by an estimated 0.6% in 2024, the IMF said, down from a previous forecast of 1.0% and weaker than growth of 0.9% and 1.3% expected for Germany and France respectively. In 2023, Britain's growth forecast of 0.5% was the G7's second weakest after a 0.5% contraction projected for Germany. Prime Minister Rishi Sunak is under pressure from within his Conservative Party to cut taxes and boost the economy before a national election expected next year. Writing by William Schomberg; editing by David MillikenOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, Rishi Sunak, William Schomberg, David Milliken Organizations: REUTERS, Seven, International Monetary Fund, Bank of England, Conservative Party, Labour Party, Thomson Locations: London, Britain, Germany, France
Ireland hikes bank levy to 200 mln euros, revises methodology
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Clodagh Kilcoyne/ File Photo Acquire Licensing RightsDUBLIN, Oct 10 (Reuters) - Ireland will revise how it calculates its levy on banks after announcing plans to raise 200 million euros ($211.7 million) from the measure next year, up from 87 million euros in 2023, Finance Minister Michael McGrath said on Tuesday. The share paid by the remaining three banks is based on the amount of deposit interest retention tax (DIRT) each pay. McGrath told a news conference that the basis of the levy will change to being related to the value of a lender's deposits. Analysts at Davy Stockbrokers had said that an increase to 200 million euros based on the existing DIRT would have had an outsized impact on Permanent TSB (PTSB.I), relative to its larger rivals AIB (AIBG.I) and Bank of Ireland (BIRG.I). Davy estimated that the incremental impact from an increase based on retail or household deposits would be in the range of 2-3% of 2024 profit before tax across all three banks, based on its current forecasts.
Persons: Finance Paschal Donohoe, Michael McGrath, Clodagh, McGrath, Davy Stockbrokers, Davy, Padraic Halpin, William Schomberg, Mark Heinrich Our Organizations: Finance, Public Expenditure, REUTERS, Rights, TSB, AIB, Bank of Ireland, Thomson Locations: Dublin, Ireland, LONDON
UK consumers hunker down as fuel prices climb
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
A person puts fuel in their car at a filling station, at an ASDA supermarket in Birkenhead, Britain, July 3, 2023. Britain's high inflation rate has slowed but at 6.7% in August it remains more than three times the Bank of England's 2% target. The BRC's like-for-like sales measure - which adjusts for changes in store space - slowed to show growth of 2.8% from 4.3% in August. Seventy percent of consumers surveyed by Barclays said they were finding ways to reduce costs, up slightly from August. Jack Meaning, chief UK economist at Barclays, said the warning signs of wariness among consumers was filtering through into their spending decisions.
Persons: Phil Noble, Helen Dickinson, electricals, Dickinson, BoE, Jack, William Schomberg, James Davey Organizations: REUTERS, Consumers, British Retail Consortium, Bank of England's, Barclays, Rugby, Thomson Locations: Birkenhead, Britain, August's
REUTERS/Carl Recine/File Photo Acquire Licensing RightsLONDON, Oct 6 (Reuters) - British house prices fell at the fastest pace since 2009 over the 12 months to September, data from mortgage lending Halifax showed on Friday, echoing other measures of the housing market which have slowed after a jump in interest rates. Halifax said house prices were 4.7% lower last month than in September 2022, compared with a 4.5% annual fall in August. Prices fell by 0.4% in September from August, a less severe monthly drop than August's 1.8% slide. Rival lender Nationwide said on Monday its measure of house prices in September were 5.3% lower than a year earlier, matching their fall in August which was the biggest annual drop since 2009, although prices were unchanged in monthly terms. The fall in house prices so far remains much less marked than the climb during the coronavirus pandemic which lasted into last year.
Persons: Carl Recine, Kim Kinnaird, William Schomberg, Sarah Young Organizations: REUTERS, Halifax, Bank of England, Nationwide, Thomson Locations: Liverpool , Merseyside, Britain, Halifax
UK shop price inflation at lowest in a year - BRC
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: +1 min
The British Retail Consortium said annual shop price inflation cooled to 6.2% last month from 6.9% in August, its lowest since September 2022. Food price inflation fell for the fifth month in a row to 9.9% from 11.5% and was down for the first time in more than two years in month-on-month terms. "We expect shop price inflation to continue to fall over the rest of the year," BRC Chief Executive Helen Dickinson said. "However there are still many risks to this trend – high interest rates, climbing oil prices, global shortages of sugar, as well as the supply chain disruption from the war in Ukraine." The BRC's shop price inflation measure is seen as an early signal for the broader official consumer price index which has fallen from a peak of over 11% last October to 6.7% in August.
Persons: Helen Dickinson, William Schomberg, Grant McCool Organizations: British Retail Consortium, The Bank of England, Thomson Locations: Ukraine
LONDON, Oct 2 (Reuters) - British house prices in September were 5.3% lower than a year earlier, matching their fall in August which was the biggest annual drop since 2009, figures from mortgage lender Nationwide showed on Monday. In month-on-month terms, prices were unchanged in September after a 0.8% fall in August, Nationwide said. Britain's housing market has slowed as borrowing costs mount, but the fall in house prices so far remains much less marked than their jump of about 25% between the start of the coronavirus pandemic and September last year. The combination of rising wages and lower house prices and mortgage rates would probably improve affordability in the housing market over time although it was set to remain subdued in the interim, he said. Transaction volumes for flats were holding up better than other property types, possibly reflecting how prices for smaller homes did not rise as much during the pandemic, Nationwide said.
Persons: Robert Gardner, William Schomberg, Louise Heavens, Kirsten Donovan Organizations: Nationwide, Bank of England, Thomson
Mudryk and Broja end Chelsea goal drought in 2-0 win at Fulham
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: +3 min
It was Mudryk's first goal since signing for Chelsea nine months ago while Broja - replacing the suspended Nicolas Jackson - was making his first start since sustaining a knee injury at the end of 2022. It's been a long time coming," Broja told talkSPORT about his goal. The result pushed Chelsea up to 11th spot with eight points, leapfrogging Fulham, who are 13th, on goal difference. Fulham coach Marco Silva lamented what he said were soft goals his side had offered up to the visitors. "Of course we have to keep working," Silva added.
Persons: Mykhailo Mudryk, Armando Broja, Mauricio Pochettino's, Levi Colwill, Bernd Leno, Broja, Nicolas Jackson, It's, talkSPORT, Ian Maatsen, Mudryk, leapfrogging Fulham, Pochettino, Moises Caicedo, Enzo Fernandez, Marco Silva, Aleksandar Mitrovic, Silva, William Schomberg, Ken Ferris Organizations: Chelsea, Fulham, Premier League, Blues, West, Mudryk, Saudi, Al, Thomson Locations: Craven, West London, Ukraine, Portuguese, Serbia, Hilal
Gambon began his acting on the stage in the early 1960s and later moved into TV and film. Gambon played down the praise for his performance and said he simply played himself "with a stuck-on beard and a long robe". Michael John Gambon was born on Oct. 19, 1940, in Dublin to a seamstress mother and an engineer father. Gambon left school aged 15 to begin an engineering apprenticeship and by 21 he was fully qualified. He revealed in an episode of "The Late Late Show" in Ireland that he convinced his mother he was friends with the pope.
Persons: Michael Gambon, Albus Dumbledore, Harry Potter, Laurence Olivier, Gambon, Peter Greenaway's, Cook, King George V, Tom Hooper's, Dumbledore, Richard Harris, Michael John Gambon, Marlon Brando, James Dean, Olivier, Derek Jacobi, Maggie Smith, Galileo, John Dexter's, Robert De Niro, Anne Miller, Philippa Hart, Sarah Young, William Schomberg, Rosalba O'Brien Organizations: PA Media, Camden Town, Herald, National Theatre, Thomson Locations: Irish, Dublin, London, American, British, Ireland
LONDON, Sept 28 (Reuters) - Britain's finance ministry, which is seeking to boost competition in the banking sector, on Thursday proposed legislation to ease rules that require banks to "ring-fence" their retail arms with a cushion of capital. The draft legislation proposes to increase the threshold at which ring-fencing applies to banks from 25 billion pounds ($30.31 billion) to 35 billion pounds. Britain introduced the ring-fencing rule in January 2019 following the costly taxpayer bail-outs of banks during the global financial crisis over a decade ago. "It will improve outcomes for banks and their customers, increase competition and improve the competitiveness of the UK banking sector," Griffith said. Another change would allow ring-fenced banks to set up entities outside Britain to compete with international and domestic banking groups.
Persons: Keith Skeoch, Andrew Griffith, Griffith, Banks, Huw Jones, William Schomberg Organizations: Bank of England, Thomson Locations: Britain
UK households shoulder 3,500 pound tax hit - IFS
  + stars: | 2023-09-28 | by ( ) www.reuters.com   time to read: +2 min
Rows of houses lie in front of the City of London skyline in London, Britain, March 19, 2023. "This is not, for the most part, a direct consequence of the pandemic," Ben Zaranko, a senior IFS research economist, said. "Rather, it reflects decisions to increase government spending, in part driven by demographic change, pressures on the health service, and some unwinding of austerity." The current parliament was likely to represent "a decisive and permanent shift to a higher-tax economy," he said. ($1 = 0.8197 pounds)Writing by William Schomberg, editing by Andy BruceOur Standards: The Thomson Reuters Trust Principles.
Persons: Henry Nicholls, Boris Johnson, Ben Zaranko, Rishi Sunak, Jeremy Hunt, Hunt, William Schomberg, Andy Bruce Organizations: REUTERS, Conservative Party, for Fiscal Studies, Conservatives, Labour Party, Thomson Locations: London, Britain
British retail sales grow in August after washout in July
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Phil Noble/File Photo Acquire Licensing RightsLONDON, Sept 22 (Reuters) - British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the country's consumers were mostly coping with the cost-of-living squeeze. Sales volumes rose by 0.4% on a month-on-month basis after a sharp 1.1% fall in July, the Office for National Statistics said. "These were partially offset by internet sales, which dropped slightly as some people returned to shopping in person following a very wet July. However, August's data represented the sixth time so far in 2023 that sales volumes rose on a month-to-month basis, suggesting resilience in consumer demand. Retail sales volumes were 1.4% lower than a year earlier, the ONS said, compared with economists' forecasts for a 1.2% decline.
Persons: Phil Noble, Heather Bovill, GfK, BoE, William Schomberg, James Davey, William James, Christina Fincher Organizations: REUTERS, National Statistics, Reuters, Office, Bank of England, British Foods, Thomson Locations: Altrincham, Britain
The preliminary reading of the UK S&P Global Purchasing Managers' Index (PMI) for the services sector sank to its lowest since the pandemic lockdown of January 2021 and below all forecasts in a Reuters poll of economists. PMIs for the euro zone picked up a little but still suggested a recession was approaching. Official data showed retail sales rose in August, partially recovering from a rain-induced plunge in July, and a measure of consumer confidence climbed to its highest since January 2022. However, data company S&P Global said its survey was consistent with a drop in quarterly economic output of 0.4%. "The disappointing PMI survey results for September mean a recession is looking increasingly likely in the UK," said Chris Williamson, chief business economist at S&P Global.
Persons: Molly Darlington, BoE, Sterling, Martin Beck, Beck, Chris Williamson, Samuel Tombs, Andy Bruce, Toby Chopra Organizations: REUTERS, P, CBI, Bank of England, P Global, U.S, Confederation of British Industry, PMI, Pantheon, Thomson Locations: Altrincham, Britain
A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in London, Britain, August 4, 2022. A day after a surprise slowing in Britain's fast pace of price growth, the BoE's Monetary Policy Committee voted by a narrow margin of 5-4 to keep Bank Rate at 5.25%. "There are increasing signs of some impact of tighter monetary policy on the labour market and on momentum in the real economy more generally," the MPC said in a statement. The BoE's decision to pause its rate hikes came a day after the U.S. Federal Reserve also opted to keep borrowing costs on hold. Last week, the European Central Bank raised rates but suggested it might be the last for now.
Persons: BoE, Maja Smiejkowska, William Schomberg, Andy Bruce, Suban Abdulla, Jon Cunliffe, Megan Greene, Jonathan Haskel, Catherine Mann, Andrew Bailey, Bailey, BRITAIN BOE Organizations: Bank of England, REUTERS, MPC, U.S . Federal Reserve, European Central Bank, Thomson Locations: London, Britain
A day after Britain's fast pace of price growth unexpectedly slowed, the BoE's Monetary Policy Committee voted by the narrowest margin of 5-4 to keep Bank Rate at 5.25%. But rate futures suggested they still saw a 50% chance of Bank Rate rising to 5.5% by the end of this year. Britain's economy, hit hard by Brexit, the COVID-19 pandemic and the surge in gas prices triggered by Russia's invasion of Ukraine, has been struggling with the highest inflation rate in the Group of Seven. But growth remains fragile, heightening the risk that the BoE's 14 back-to-back rate hikes will push the economy into a recession. Last week, the European Central Bank raised rates but suggested its move might be the last for now.
Persons: Andrew Bailey, Jon Cunliffe, Megan Greene, Jonathan Haskel, Catherine Mann, BoE, Reuters Graphics Sterling, Bailey, Rishi Sunak, Peter Nicholls, Frances Haque, Reuters Graphics Bailey, Yael Selfin, Hugh Gimber, William Schomberg, Catherine Evans Organizations: Bank of England, Reuters Graphics, U.S ., MPC, REUTERS, Santander UK, IF, U.S . Federal Reserve, European Central Bank, KPMG, Investors, Bank of, Morgan Asset Management, Thomson Locations: Ukraine, London, Britain
Investors piled into bets on the BoE keeping Bank Rate at 5.25% on Wednesday as soon as official data showed a surprise fall in the pace of price growth. Other analysts said they still thought a final BoE rate hike was the most likely outcome after a recent jump in global oil prices, but they stressed it could go either way. "We stick with our call for a hike, but now see this as a coin toss," JP Morgan economist Allan Monks said. British inflation is almost double the rate in the United States, where the Federal Reserve on Wednesday kept borrowing costs on hold. Last week, the European Central Bank raised rates to a record high but signalled that it was likely to pause.
Persons: BoE, Goldman Sachs, JP Morgan, Allan Monks, BoE Governor Andrew Bailey, Rishi Sunak, Bailey, Dominic Bunning, William Schomberg, Alex Richardson Organizations: Bank of England, Monetary, British, ECB, FX Research, HSBC, Federal Reserve, European Central Bank, Thomson Locations: United States
Investors put a nearly 50-50 chance on the BoE keeping rates on hold on Thursday after 14 back-to-back increases stretching back to December 2021. Investors had been overwhelmingly expecting the BoE to raise interest rates for the 15th time in a row on Thursday, taking Bank Rate to 5.5% from 5.25%. "The inflation figures may not sway the Bank of England away from raising interest rates tomorrow," Yael Selfin, chief economist at KPMG UK, said. Britain's inflation rate remains high - topped only by Austria and Iceland among Western European countries in August. But core inflation - which strips out volatile food and energy prices - fell by more than the headline rate to 6.2% from 6.9% in July.
Persons: Hunt, BoE, Yael Selfin, Price, Rishi Sunak, Jeremy Hunt, William James, Hugh Lawson Organizations: Reuters, Bank of England, Sterling, U.S, Investors, National Statistics, KPMG, Labour Party, Thomson Locations: July's, British, Austria, Iceland, Western, Britain
UK inflation to be highest among big economies in 2023 - OECD
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Sept 19 (Reuters) - Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organisation for Economic Co-operation and Development forecasts which showed the country's inflation problem widening compared with most of its peers. Britain's headline inflation rate was set to average 7.2% over 2023, up from a previous forecast of 6.9% made by the OECD in June. It was also higher than Germany's expected inflation this year of 6.1% and France's 5.8%, both of which represented cuts from the OECD's June forecasts. "Today the OECD have set out a challenging global picture, but it is good news that they expect UK inflation to drop below 3% next year," finance minister Jeremy Hunt said in a statement. Britain's high inflation rate has led the Bank of England to raise borrowing costs 14 times in a row since December 2021.
Persons: Rishi Sunak, Jeremy Hunt, William Schomberg, Andy Bruce Organizations: for Economic Co, OECD, Bank of England, Thomson Locations: Britain, Japan, Paris, France, Germany, Italy
YouTube cuts off Russell Brand's ad revenues -Sky News
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +1 min
[1/2] British comedian and actor Russell Brand walks outside the Wembley Park Theatre, in northwest London, Britain, September 16, 2023. REUTERS/Susannah Ireland Acquire Licensing RightsLONDON, Sept 19 (Reuters) - YouTube has suspended adverts on Russell Brand's online videos, Sky News said on Tuesday, after accusations of sexual assaults involving the British actor and comedian. Brand, once one of the country's most high-profile comedians and broadcasters, has over 6 million subscribers to his YouTube channel. The 48-year old has denied having non-consensual sex after an investigation by the Sunday Times newspaper and Channel 4 television showed he was accused by four women of sexual assaults, including a rape, between 2006 and 2013. Reporting by Sarah Young Editing by William SchombergOur Standards: The Thomson Reuters Trust Principles.
Persons: Russell Brand, Susannah Ireland, Russell, Brand, Sarah Young, William Schomberg Organizations: Wembley Park Theatre, REUTERS, YouTube, Sky News, Sunday Times, London, Thomson Locations: British, London, Britain
UK inflation expectations rise in August, survey shows
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Sept 8 (Reuters) - The British public's expectations for inflation over the medium to long term, which are closely watched by the Bank of England, Rose in August, a survey published on Friday showed. Inflation expectations in five to 10 years' time marginally rose to 3.3% from 3.2% in July, the survey by U.S. bank Citi and polling firm YouGov showed. Public expectations for inflation in 12 months' time increased to 4.4% from 4.3%. Citi said it expects these data to continue to ease in the months ahead as headline inflation falls back. "However, these data re-affirm that upside risks around energy in particular over the coming winter could continue to pose challenges."
Persons: Rose, YouGov, BoE, Juby Babu, William Schomberg, Daniel Wallis Organizations: Bank of England, Citi, Thomson Locations: British, U.S
A rainbow is seen over apartments in Wandsworth on the River Thames as UK house prices continue to fall, in London, Britain, August 26, 2023. A senior official at the Office for National Statistics asked Britain's statistics regulator to review the outcome of its upcoming work on how it revised its estimates of the swings in the economy around the coronavirus pandemic period. The ONS collects a lot of data itself through surveys of businesses and households, but relies on government departments and other agencies for certain numbers. On Friday, revised data from the ONS showed that Britain's economy performed more strongly than previously thought in its recovery from the pandemic and was ahead of other big European countries at the end of 2021 rather than lagging behind them. Reporting by William Schomberg; editing by David MillikenOur Standards: The Thomson Reuters Trust Principles.
Persons: Kevin Coombs, Michael Keoghan, William Schomberg, David Milliken Organizations: REUTERS, Office, National Statistics, Statistics, Thomson Locations: Wandsworth, London, Britain
UK builders suffer sharp fall in orders as rates rise -PMI
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +2 min
Workers stand on scaffolding at a residential building in London, Britain, March 7, 2016. Builders cited weaker economic conditions, cutbacks to new building projects and local planning delays as factors holding back house-building activity. S&P said total new orders for the construction sector fell at the fastest pace since May 2020. "Resilient demand for commercial work and infrastructure projects are helping to keep the construction sector in expansion mode for now," Moore said. However, forward-looking measures of the construction PMI fell, with business activity expectations for the year ahead the weakest since January.
Persons: Toby Melville, Tim Moore, Moore, Suban Abdulla, William Schomberg, Catherine Evans Organizations: REUTERS, P, P Global Market Intelligence, Builders, Bank of England's, PMI, Thomson Locations: London, Britain
UK to declare Russia's Wagner a terrorist organisation
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +2 min
A flag with the logo of Wagner private mercenary group is attached to a car during an automobile rally at a patriotic festival marking Russia's National Flag Day in the Moscow region, Russia, August 23, 2023. Britain's interior minister Suella Braverman described the Wagner Group as "violent and destructive", adding it "acted as a military tool of Vladimir Putin's Russia overseas". "They are terrorists, plain and simple - and this proscription order makes that clear in UK law," she said. The Wagner mercenary group has operated in Syria, Libya and a number of countries across northern and western Africa. Lawmakers on parliament's Foreign Affairs Committee in July urged more targeted sanctions on what it said were a "web of entities" beneath the Wagner Group.
Persons: Wagner, Yulia Morozova, Suella Braverman, Vladimir Putin's, David Lammy, Putin, Vladimir Putin, Yevgeny Prigozhin, Lavanya, Sarah Young, Peter Graff, William Schomberg Organizations: REUTERS, Wagner Group, Labour, Twitter, Britain, Prigozhin, Central African, Lawmakers, parliament's Foreign Affairs, Thomson Locations: Moscow, Russia, Russian, British, Vladimir Putin's Russia, Ukraine, East, Africa, Syria, Libya, Central African Republic, Mali, Sudan, Bengaluru, London
Governor of the Bank of England Andrew Bailey speaks as he attends a press conference for the Monetary Policy Report August 2023, at the Bank of England in London, Thursday, August 3, 2023. "But I think we are much nearer to it on interest rates on the basis of current evidence." It is expected to raise borrowing costs again later this month, taking Bank Rate to 5.5%. In May, Bailey told the same panel of lawmakers that the BoE was "nearer" to the peak in interest rates. After that, the central bank increased Bank Rate in June and in August.
Persons: Bank of England Andrew Bailey, Alastair Grant, Andrew Bailey, we're, we've, Bailey, BoE, I've, Jon Cunliffe, Cunliffe, Swati Dhingra, Dhingra, Farouq Suleiman, Suban Abdulla, Kylie MacLellan, William Schomberg, Sharon Singleton Organizations: Bank of England, Monetary, Companies Bank of England, Treasury, Thomson Locations: London, British
Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. Contrasting with signs of an economic slowdown in other recent surveys, the Lloyds Bank Business Barometer measure of confidence jumped by 10 points in August to 41%, its highest since February 2022. "The bounce in economic optimism this month is the stand-out point," Hann-Ju Ho, senior economist at Lloyds Bank, said. The BoE raised rates for the 14th time in a row this month to counter an inflation rate running at almost 7%. Investors mostly expect the Bank Rate to peak this year at 5.75%, up from its current level of 5.25%.
Persons: Toby Melville, " Hann, Ju Ho, BoE, William Schomberg, Bernadette Baum Organizations: Bank of, REUTERS, Bank of England, Lloyds Bank, Lloyds, Thomson Locations: Bank of England, London, Britain, Ukraine
UK consumers slow pace of borrowing as costs mount
  + stars: | 2023-08-30 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Aug 30 (Reuters) - British consumers increased their borrowing by less than expected in July in a possible sign of caution among households as borrowing costs rise, Bank of England data showed on Wednesday. Unsecured lending to consumers rose by 1.191 billion pounds ($1.51 billion) in net terms, less than the 1.3-billion-pound increase which was the median forecast in a Reuters poll of economists, and down from the 1.637 billion pounds rise in June. The pace of growth in consumer credit over the 12 months to July slowed to 7.3%, the slowest increase since December last year. The BoE has raised interest rates 14 times in a row since December 2021 to tackle an inflation rate which was running at almost 7% in July. ($1 = 0.7913 pounds)Reporting by William Schomberg; editing by David Milliken and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: BoE, William Schomberg, David Milliken, Bernadette Baum Organizations: Bank of, Thomson
Total: 25