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AI-intensive sectors are showing a productivity surge, PwC says

LONDON, May 21 -
EMBARGOED 0001 LOCAL TUESDAY
The types of business which are most likely to use artificial
intelligence are seeing growth in workers productivity that.
-May 20, 2024 at 07:01 pm EDT
- MarketScreener ....

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Bank of England says it will ramp up staff in northern city of Leeds

The Bank of England will
increase the number of staff working in the northern English
city of Leeds as part of a plan to rely less on London for
hiring workers, the central bank said on Friday.
.
-May 17, 2024 at 04:57 am EDT
- MarketScreener ....

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BoE's Ramsden says inflation pressures remain persistent

Bank of England Deputy
Governor Dave Ramsden said on Tuesday that inflation pressures
remained persistent and he wanted more evidence about how long
they were likely to remain strong before. ....

City Of , United Kingdom , Dave Ramsden , Suban Abdulla , Association For Financial Markets In Europe , Bank Rate , England Deputy Governor Dave Ramsden , Financial Markets , William Schomberg Editing ,

Bank of England set to start on path towards interest rate cuts

The Bank of England is
expected to take a tentative first step towards cutting interest
rates from their highest level in nearly 16 years next week
after signs that the inflation crisis is abating.
. ....

United Kingdom , City Of , Catherine Evans , Sanjay Raja , Kim Crawford , Andrew Bailey , Jeremy Hunt , Bank Rate , Deutsche Bank , European Central Bank , Monetary Policy Committee , Asset Management , Harry Robertson Writing , William Schomberg Editing ,

UK to upgrade warship defence missile system used in Red Sea

Britain s Ministry of Defence
said on Sunday it would spend 405 million pounds
to upgrade a missile system now being used by the Royal Navy to
shoot down hostile drones over the Red Sea.
. ....

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