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Tag: Bank of England

Business
  • Web Desk Karachi
  • Jul 02, 2025
Bank of England plans major banknote redesign after 50 years

Since 1970, notable figures such as Sir Winston Churchill, who appears on the current £5 note, have been featured on banknotes. However, these figures may soon be replaced or complemented by new themes.

Business
  • Web Desk Karachi
  • Feb 25, 2025
Singapore’s DBS to reduce workforce by 4,000 amid rising adoption of AI

This statement makes DBS one of the first significant banking institutions to provide insights into the anticipated impact of AI on its workforce. However, the bank did not disclose the specific number of job reductions in Singapore or identify which positions would be affected.

Business
  • Web Desk Karachi
  • Feb 07, 2025
Bank of England Governor calls for ongoing US support for IMF, World Bank

Amidst rising worries among finance ministries and central banks worldwide regarding a possible US disengagement from these institutions, there are discussions in Washington about significant changes to the global financial system.

Business
  • Web Desk Karachi
  • Feb 06, 2025
Bank of England set to lower interest rates amid UK economic uncertainty

With inflation on a downward trend, the monetary policy committee (MPC), composed of nine members, is widely anticipated to cut rates by a quarter point to 4.5 percent, marking the lowest level since June 2023.

job searches
World
  • Hum News
  • Aug 22, 2023
UK sees surge in interest from non-EU job hunters

EU-based job seekers accounted for 1.4 per cent of Indeed’s UK job searches in June, down slightly from before Brexit.

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