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UK inflation expectations edge up, little pressure on BoE - Citi/YouGov

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LONDON The British public's expectations for inflation over the next 12 months rose slightly this month but remained within the tight range of the past six months, a survey for Citi by polling company YouGov showed on Wednesday.

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Judge gives RBS a week to end investor suit or face trial 24 May 2017

LONDON A judge has given Royal Bank of Scotland and thousands of investors until June 1 to agree a deal that would avert a trial over the bank's 12 billion pound cash call in 2008. | Video

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Rattled May forced into 'dementia tax' U-turn after poll lead halves 23 May 2017

LONDON British Prime Minister Theresa May was forced to backtrack on one of her most striking election pledges on Monday to force elderly people to pay more for their social care after her party's opinion poll lead halved in just a few days. | Video

Pension schemes in EU face 'double hit' stress test 19 May 2017

LONDON European Union company pension schemes will be tested to see how they would cope with a "double hit" of lower interest rates and asset prices, the bloc's pensions and insurance watchdog said.

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UK financial advisers give suitable advice, don't all reveal costs - watchdog 19 May 2017

LONDON More than 90 percent of UK financial advisers give suitable advice to retail customers, Britain's financial watchdog said on Thursday but added that a large minority did not comply with rules on disclosing costs.

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Bank of England's growth and pay forecasts too optimistic - Reuters poll 18 May 2017

LONDON The Bank of England's growth and wage forecasts are too rosy, according to economists polled by Reuters who were divided on what a large Conservative majority in June's UK election would mean for Britain's divorce terms from the EU.

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UK shoppers shrug off inflation pressure as sun comes out 18 May 2017

LONDON British shoppers set aside their concerns about fast-rising inflation following the Brexit vote and stepped up spending last month at the fastest rate in years, encouraged by fine weather, official data showed.

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May's pitch to voters: market intervention and stiffer rules for business 19 May 2017

HALIFAX, England Prime Minister Theresa May rejected "untrammelled free markets" and promised to rein in corporate excesses in pre-election pledges on Thursday designed to woo not only her core supporters but also those of her left-wing rivals. | Video

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UK workers suffer first pay squeeze since 2014 17 May 2017

LONDON British pay growth has fallen behind inflation for the first time in two-and-a-half years, underscoring the growing Brexit squeeze facing many voters ahead of June 8 national election, official data showed on Wednesday. | Video

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World's rich confident they can scale wall of global risk: survey 17 May 2017

LONDON The global economic, financial and political landscape has never been shakier, but the world's rich are confident they can steer through the fog of uncertainty in the coming year "without so much as a dent in their finances", a survey showed on Wednesday.

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London office space rising despite Brexit uncertainty - Deloitte survey

The amount of empty office space in London has jumped over the past 15 months and is likely to rise again despite potential for a post-Brexit business exodus that could drive down rental values, a survey showed on Wednesday.

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Banks' data shows funds still happy to sell sterling

LONDON Sterling has gained strongly in the month since British Prime Minister Theresa May called a national election but reports from major banks this week show big speculative investors and firms still tend to sell the currency whenever it blips higher.

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'Smooth' Brexit should allow solid UK growth, BoE's Carney says

LONDON Britain should enjoy solid growth if Brexit goes smoothly, but in the short run households are likely to be hit by inflation prompted by the decision to leave the European Union, the Bank of England said on Thursday. | Video

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