People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.
Britain’s Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.‘s Labour government seeks to reset frayed ties with Beijin
Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China.
Axel Rudakubana was expected to be sentenced to life in prison at Liverpool Crown Court for the murders of three young girls and attempted murders of eight other children in Southport in July.
Reeves told The Wall Street Journal at Davos on Thursday that she "hears" criticism of her budget but hasn't been presented with "any serious alternative" to steady the public finances. The budget, delivered in October, includes tax rises to plug a hole in the public finances.
Positioning itself as a super connector between China and the world's most dynamic markets, UK-based banking group Standard Chartered is committed to supporting China's high-quality development by introducing multinational corporations to the country and assisting Chinese enterprises in exploring overseas business opportunities,
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Compulsory liquidations of UK companies hit a decade-high last year following a late surge in the wake of Rachel Reeves’s record tax raid in the Budget, official figures show...
S&P 500 E-Mini futures (ESH25) are up +0.50%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.55% this morning as Treasury yields fell after cash trading resumed following the Martin Luther King Jr.
A boost to living standards after wage growth accelerated to 5.6% has been offset by signs of a cooling labour market. Adjusted for inflation, the real-terms growth in earnings was the highest since summer 2021.
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China's economy grew 5% last year, official data from Beijing's National Bureau of Statistics showed, slightly above an 4.9% forecast but lower than 5.2% in 2023. The fourth quarter however saw a 5.4% GDP rise, outperforming Bloomberg's 5% forecast.