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Weekly Topical News – 21/10/19

By November 4, 2019 No Comments

North-east England: snapshot of an economy on the brink of Brexit

If the UK leaves without a deal — which remains a possibility — the MPC has warned that rate cuts to limit the economic shock would not be automatic, as a likely fall in sterling, and its inflationary effect, would limit their room for manoeuvre.

Read more on the Financial Times



UK rises to 8th on World Bank’s ‘Ease of doing business’ index

The UK has consolidated its place as one of the best places in the world to do business, according to the World Bank’s latest ‘Ease of Doing Business (EoDB) 2020’ report.

Read more on Gov.UK



Salon owners Nick and Claire Slorach scoop Toni & Guy UK Business award

A COUPLE who first met while working in the hair industry teamed up and went on to buy eight salons together.

Read more on YorkPress



UK government under pressure to publish forecasts after budget scrapped

Chancellor Sajid Javid accused of trying to hide worsening growth outlook and neglecting duty to publish OBR reports

Read more on The Guardian



Former Prudential fund management and UK arm valued at £5.7bn

M&G share price closes at 218p on first day of trading after demerger from insurance group

Read more on The Guardian