London stocks were set for a steady open on Wednesday as investors mulled the latest UK inflation reading. The FTSE 100 was called to open flat at 8,191. Figures released earlier by the Office for National Statistics showed that annual consumer price inflation fell to 2% in May from 2.3% …
Read More »BoE’s Bailey warns of downside risks to UK
The Governor of the Bank of England said risks to Britain’s economy were “very much on the downside” and that the BoE was ready to take aggressive action to limit the impact of a resurgence in coronavirus cases. “There is an unprecedented level of uncertainty at the moment. And the …
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