Page 10 - இங்கிலாந்து கவர்னர் ஆண்ட்ரூ பெய்லி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
BoE s Bailey sees deadlock with EU on City of London access
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Bank of England scraps curbs on bank dividends as pandemic crisis fades
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By Syndicated Content
By William Schomberg
LONDON (Reuters) â Big businesses in Britain are rushing ahead with post-lockdown investment plans that could usher in a long-awaited improvement in the countryâs weak productivity growth, a survey of chief finance officers showed.
Accountancy firm Deloitte said its poll found CFOs were planning to increase investment, as well as hiring, at the fastest pace in almost seven years and were their most aggressive about acquisitions in 11 years.
Many firms around the world have ramped up their spending on digital technology in response to the coronavirus pandemic which up-ended their working practices.
Ian Stewart, chief economist at Deloitte, said CFOs were much less concerned about Brexit. COVID-19 was still the top of the worry list, followed by inflation and climate change. Over three quarters of CFOs reported growing recruitment problems.
European stocks close higher, bouncing back from sharp sell-off CNBC 19 hrs ago Silvia Amaro
The pan-European Stoxx 600 closed up 1.3% but was barely higher for the week. The index had slid nearly 2% on Thursday, with retailers dropping 3.2%.
Mining stocks led the gains on Friday, up 4%, with most sectors and major bourses in the black.
Travel shares got a boost from news that the U.K. is easing some of its quarantine rules.
LONDON European stocks closed higher Friday, bouncing back from a sharp sell-off in the previous session amid concerns about the economic recovery.
The pan-European Stoxx 600 closed up 1.3% but was barely higher for the week. The index had slid nearly 2% on Thursday, with retailers dropping 3.2%.
European Stocks Move Higher After Global Sell-Off on Recovery Concerns
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