
UK Bonuses Fuel Wage Growth Despite Bailey’s Call for Restraint
Wage growth in Britain jumped in the first quarter, fueled by an increase in bonus pay despite a call from the Bank of England for restraint.
Wage growth in Britain jumped in the first quarter, fueled by an increase in bonus pay despite a call from the Bank of England for restraint.
Land Securities Group Plc achieved record office leasing in 2021 as demand for the best city center space bounced back after the lifting of most Covid restrictions.
European equities advanced as enticing valuations, relaxation of Shanghai’s lockdowns as well as optimism over the easing of China’s corporate crackdown outweighed rising concerns about stagflation.
Benchmark natural gas prices extended their decline, after the European Union said companies can keep importing Russian supplies without breaching sanctions.
As the ruble’s official exchange rate parts ways with its value on the street, dollars are becoming hard to find.
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