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...Revenues at the division climbed 11 per cent from the previous quarter to $6.1bn....
...They had requested leniency on dividend rules and regulatory fines, as well as a 56 per cent increase to bills....
...The fall in most quoted fixed rates since the second half of last year reflects expectations that the Bank of England will this year cut interest rates from a current 16-year high of 5.25 per cent....
...The Bank of England signalled it would cut rates this summer if inflation stays low, even as it kept borrowing costs at a 16-year high of 5.25 per cent....
...Economists polled by Reuters expect annual wage growth to fall to 5.5 per cent in the three months to March, from 5.6 per cent in the three months to February....
...Economists said continued changes in house prices would depend upon the future path of interest rates, which stand at a 16-year high of 5.25 per cent and influence how lenders set mortgage rates....
...The prices that exporters commanded rose 5.5 per cent per year from 2000 to 2007. Since then, such prices have risen only 0.9 per cent per year....
...Shipments to China jumped 16.1 per cent, ending a 19-month decline, while exports to the US and Europe increased 26.9 per cent and 5.2 per cent respectively....
...Currency speculators’ wagers on a fall in sterling have reached a 16-month high, data from the US Commodity Futures Trading Commission shows....
...The Office for National Statistics said average earnings, including bonuses, were 5.6 per cent higher over the period than a year earlier, the same annual growth rate as in the three months to January....
...Consumer prices rose 3.6 per cent year on year in the March quarter, official data showed, down from 4.1 per cent in the previous quarter but higher than the 3.5 per cent forecast by Reuters....
...Motor-vehicle maintenance and repair costs, which feed into insurance costs for obvious reasons, are up 6.5 per cent in a year, and 0.8 per cent for January....
...It held interest rates unchanged at a 16-year high of 5.25 per cent but signalled it would cut rates this summer if inflation stayed low....
...Annual growth in average weekly earnings, including bonuses, was steady at 5.6 per cent, against analysts’ expectations of a slowdown to 5.5 per cent....
...The rupiah strengthened 0.4 per cent against the dollar to 16,155 on Wednesday....
...Revpar rose by 2.6 per cent in the period, compared with 7.6 per cent in the final quarter of last year and 16.1 per cent for the full year....
...In Scotland the figure rose from 11.7 per cent to 33.5 per cent over the decade. In Wales, it jumped from 15.6 per cent to 40.5 per cent....
...The company’s health science and nutrition business, which accounted for 16.4 per cent of sales in 2023 and includes its baby formula business, had a 3.6 per cent drop in sales volumes following supply problems...
...Drivers who belong to the union will walk out on April 5, 6 or 8 depending on which operator employs them. They will also refuse to work overtime on days in and around that period....
...Total general merchandise sales fell 0.5 per cent, while clothing was down 6.4 per cent as some of its fashion ranges were not as popular with shoppers and it had some availability issues....
...On Friday, the 10-year US Treasury yield — a key barometer of global borrowing costs — fell from 4.56 per cent to 4.5 per cent, while equities fell....
...Further growth is expected: US adjusted earnings are forecast to more than triple to about $710mn in 2024 on revenues of $5.8bn to $6.2bn, up from $4.4bn in the US last year....
...But the bank warned that inflation remains “elevated” for service prices, which rose at an annual rate of 6.1 per cent last month....
...Analysts say that gold’s record high is all the more striking given the surge in interest rates in recent years, with the Fed’s benchmark rate still at a 22-year high of between 5.25 per cent and 5.5 per...
...of 5.25 per cent....
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