IlluMyFi

UK wage growth has risen to 5.2% per year, making Bank of England highly likely to leave interest rates on hold on Thursday

Today is a crunch day for struggling UK utility Thames Water.

Thames is heading to the High Court this morning to seek appoval for a £3bn emergency loan designed to keep the company afloat.

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-0.57

Bearish/Bullish

22.12.24 11:43

by theguardian.com

Rachel Reeves’ push to improve EU ties remains boxed in by red lines

Chancellor’s visit to EU meeting looks for smoother trade to improve growth but youth mobility scheme remains sticking point

Rachel Reeves is seeking a “deeper, more mature relationship” between Britain and the EU: this was her central message to the bloc’s finance ministers in Brussels a fortnight ago.

In her brief speech to the meeting of her European counterparts – the first a UK chancellor had attended since Brexit – Reeves mentioned the UK’s “relationship” with the EU, nine times.

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