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Summer interest rate cut possible, says Bank deputy

The Bank of England has given its strongest hint yet that interest rates could be cut this summer. Bank deputy governor Ben Broadbent said in a speech that a rate cut at "some time" over the summer was "possible". His comments come ahead of fig....

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Dali: Ship that hit Baltimore bridge on the move again

The ship that slammed into the Francis Scott Key Bridge in Baltimore was re-floated on Monday after being stuck for nearly eight weeks. The Dali was moved by tugboats "under favourable environmental conditions", according to the US Army Corps of E....

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City regulator urges stability at NatWest over Nigel Farage row

Financial Conduct Authority’s call for calm suggests it does not think bank chair, Howard Davies, should resign. The City regulator has urged NatWest shareholders, including the UK government, to “choose stability”, suggesting they should resist cal....

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Banks with worst savings rates face being named and shamed under new plans

The warning comes as part of a clampdown from the UK's financial watchdog on banks offering low savings rates to customers despite the Bank of England's rate rises. Banks have been ordered to justify the interest rates they give to savings customers....

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