Asset managers, investors and pension savers are moving billions of pounds out of Scotland, according to industry executives, amid rising concerns about the financial consequences of a Yes vote in next week’s independence referendum. Multrees
Andy Haldane, the new Bank of England chief economist, indicated on Wednesday night that the central bank would benefit from raising its main interest rate earlier, to allow a more gradual path thereafter as the economy recovers. In a speech in
Britain’s jobless rate has dropped to 6.2 per cent after the biggest fall in unemployment in 26 years, but there is still little sign of a recovery in workers’ pay packets. Official data on Wednesday showed a continuation of the two trends that have
Churcher's Economics and Business's insight:
Unemployment falling but wage growth still slow - puzzling
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