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UK business minister defends wages stance, says BoE can handle inflation

The British government is right to focus on driving up wages, business minister Kwasi Kwarteng said on Sunday, expressing confidence in the Bank of England's ability to curb rising inflation. ....

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Bank of England's Saunders says get ready for early rate rise

Bank of England policymaker Michael Saunders told households to get ready for "significantly earlier" interest rate rises as inflation pressure mounts in the British economy, the Telegraph newspaper said on Saturday. ....

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BoE's Bailey says inflation above target is concerning- Yorkshire Post

Inflation running above the Bank of England's target of 2.0 percent is very concerning and it has to be managed to prevent it from becoming permanently embedded, the bank's governor, Andrew Bailey, said in an interview to The Yorkshire Post newspaper. ....

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Ashley says he rejected bigger Newcastle bid before Saudi-led takeover

Outgoing Newcastle United owner Mike Ashley said he had rejected a higher bid than the one that led to the Premier League club being taken over by a Saudi Arabia-led group on Thursday, but believed he had acted in the best interests of the club. ....

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UK starting pay jumps by most on record as staff shortages bite - survey

British employers increased pay for new staff by the most since at least the 1990s, according to a survey that will be studied by the Bank of England as it tries to assess how persistent the recent jump in inflation might be. ....

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