2 Mar 2021

UK has lost up to 7,000 financial services jobs due to Brexit, BoE says

by | posted in: News, United Kingdom of Great Britain |

LONDON (Reuters) – Britain has lost between 5,000 and 7,000 financial services jobs so far as a result of Brexit, less than some forecasters had originally feared, Bank of England Governor Andrew Bailey said on Wednesday. “That of course is … Read More
6 Aug 2020

Bank of England says UK economy recovering faster than first feared

by | posted in: News, United Kingdom of Great Britain |

Rise in consumer spending cheers bank but unemployment will double and GDP drop ‘significantly’ The Bank of England building. Photograph: Ray Tang/REX/Shutterstock The Bank of England has said Britain’s economy is recovering more quickly than initially feared from the coronavirus pandemic … Read More