Friday, June 22, 2018

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Pay rises in major UK companies hold at 2.5 percent – XpertHR

Pay rises in major UK companies hold at 2.5 percent – XpertHR

LONDON (Reuters) - Pay rises agreed by major British employers held at 2.5 percent in recent months, industry data showed on Thursday, adding to a picture of modestly increased wage pressure in Britain. A construction worker walks past a poster in London, Britain, December 13, 2017. REUTERS/Clodagh Kilcoyne XpertHR, a company that monitors wage deals,…
Bank of England to keep rates steady as winter chill slow to lift

Bank of England to keep rates steady as winter chill slow to lift

LONDON (Reuters) - The Bank of England will be looking to see if Britain’s economy has recovered from a severe winter chill as it weighs the prospects for a future interest rate rise this week. Governor of Bank of England Mark Carney sits for the official photo of delegates during the the G7 Finance ministers…
UK households see fastest income growth in at least nine years – IHS Markit

UK households see fastest income growth in at least nine years – IHS Markit

LONDON (Reuters) - British households enjoyed the fastest growth in employment income in at least nine years in June, according to a survey that may give the Bank of England concern that underlying inflation pressures are rising. Shoppers queue at Selfridges in London, Britain December 26, 2017. REUTERS/Mary Turner The Household Finance Index (HFI) from…
UK households see fastest income growth in at least 9 years – IHS Markit

UK households see fastest income growth in at least 9 years – IHS Markit

LONDON (Reuters) - British households enjoyed the fastest growth in employment income in at least nine years in June, according to a survey that may give the Bank of England concern that underlying inflation pressures are rising. FILE PHOTO: A new apartment block is pictured in central London May 9, 2011. REUTERS/Luke MacGregor The Household…
UK housing market still weak despite sign of more sellers – RICS

UK housing market still weak despite sign of more sellers – RICS

LONDON (Reuters) - British house prices edged up from a five-and-a-half-year low in May and there was a tentative first sign of more properties for sale but it was too early to call a change in the sluggish property market, a surveyors group said. FILE PHOTO: A couple view properties for sale in an estate…
Fuel price jump fails to budge UK inflation from one-year low

Fuel price jump fails to budge UK inflation from one-year low

LONDON (Reuters) - British inflation held at a one-year low in May despite a jump in fuel prices, leaving the chances of a Bank of England interest rate hike over the coming months finely balanced. Consumer price inflation remained at 2.4 percent in May, its joint lowest annual rate since March 2017, the Office for…
MPs call for tougher pay gap rules

MPs call for tougher pay gap rules

LONDON (Reuters) - Britain’s new gender pay gap rules should be tightened to ensure that highly-paid partners at consultancies, accountants and law firms cannot circumvent the spirit of the legislation, a parliamentary committee told the government on Wednesday. FILE PHOTO: Workers are seen in office windows in the financial district of Canary Wharf in London,…
UK workers still await wage bounce despite jobs boom

UK workers still await wage bounce despite jobs boom

LONDON (Reuters) - British wage growth remains sluggish despite another surge in job creation, official data showed on Tuesday, leaving the Bank of England still waiting for a clear sign that the economy is ready for higher interest rates. A worker erects scaffolding outside a building being renovated in London, Britain, April 26, 2017. REUTERS/Toby…
Britain threatens tougher regulation for pre-paid funeral market

Britain threatens tougher regulation for pre-paid funeral market

(Reuters) - Britain threatened to introduce tougher regulation for pre-paid funerals on Friday, saying it believed some providers were not treating grieving families fairly, an announcement that sent shares in funeral services company Dignity Plc (DTY.L) down sharply. The government said the $2.65 billion (2 billion pounds) industry’s self-regulatory framework may not be adequate, adding…
EU states, lawmakers agree to cap price of intra-EU calls

EU states, lawmakers agree to cap price of intra-EU calls

BRUSSELS (Reuters) - European Union governments and lawmakers have agreed to cap the price of calling from one EU country to another, seeking to score another political victory with citizens after the elimination of mobile roaming surcharges. FILE PHOTO: A man talks on his mobile phone at the "Station F" start up campus in Paris,…
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