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...But it could benefit many more indirectly as some large companies, including supermarkets, use the living wage as a benchmark to keep their own pay rates competitive even without seeking accreditation....
...The commission’s intervention comes against the backdrop of the White House grappling to bring down living costs as President Joe Biden seeks re-election this year....
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...Wishart said that if the BoE’s benchmark fell more quickly towards the end of 2024, “we will see mortgage rates come down below 4 per cent, and a near-term flatlining in house prices”....
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...Senior ECB policymakers have played down the likelihood of imminent rate cuts....
...The message so far is that we are living in unique times....
...Ardian has also had to improve on an internal culture where senior male executives have faced scrutiny for their behaviour towards other employees....
...This would raise more than $250bn, according to senior administration officials....
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...the benchmark for Wall Street’s legal elite, came out higher....
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...But David Martin, senior oil analyst at the International Energy Agency, said governments in the OECD had enough emergency stocks to counter any supply crunch....
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...General Atlantic senior adviser Annette Thomas has joined the board of Schroders as a non-executive director....
...Most recently, Zoom (yes, the remote work saviour) asked those living within 50 miles of one of its offices to come in two days a week....
...The European Court of Human Rights has ruled that two foreign nationals living outside the UK had their privacy violated by Britain’s spy agencies as part of a wider mass surveillance programme....
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...Housing is for living, Xi declared, not for speculation....
...“They are trying to feel their way towards the end of the cycle and are conscious that a lot of the impact is still to be felt,” said Cathal Kennedy, senior UK economist at RBC Capital Markets....
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