Economy
The British labour market stabilises with a 3.4% wage growth
Wage growth in the UK remains at 3.4%, its lowest level since 2020, and unemployment falls to 4.9% as Burnham's new government seeks to stabilise the economy.
Bank of England
Latest Bank of England news
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Companies
Bank of England holds rates at 3.75% and warns about inflation
The Bank of England keeps interest rates at 3.75% and warns of possible increases due to inflation.
Economy
Silvana Tenreyro appointed new chief economist of the IMF starting August
Silvana Tenreyro will take over as chief economist of the IMF on August 10, replacing Pierre-Olivier Gourinchas.
Economy
The IMF appoints Argentine Silvana Tenreyro as new chief economist
The IMF appoints Argentine Silvana Tenreyro as chief economist and director of research, starting on August 10.