Pound jumps on Bank of England Governor’s rate rise hint
Craig TaylorSterling rises above $ 1.29 after Mark Carney says a rate rise will be debated in “coming months”. BBC News – Business
Business
Bank of England takes action over bad debts
UK banks are being forced to put more money aside to cover customers’ bad debts. BBC News – Business
Business confidence on the up, Lloyds survey finds
But companies are having trouble recruiting skilled workers, the research says. BBC News – Business
Building society’s account deadline axed
Current accounts at the Norwich and Peterborough had been earmarked to close by the end of August. BBC News – Business
Hinkley Point deal ‘risky and expensive’
The case for a new £18bn nuclear power plant is “marginal”, says the National Audit Office. BBC News – Business
Haldane expects to vote for rate rise this year
It may be prudent to raise rates later this year, says the Bank of England’s chief economist. BBC News – Business