Sir Dave Ramsden deputy governor, markets and banking at the Bank of England, spoke during his visit to the North-East this week.
During his tour of the region he visited Nissan in Sunderland, Atom Bank in Durham and met the leading tech entrepreneurs from the business community.
Citing EU diplomats familiar with the matter, Bloomberg reported that the UK is looking to discuss a possible extension of the Brexit transition period with an aim to solve the Irish border backstop issue.
Indian benchmark indices Sensex and Nifty opened on a subdued note on September 19, halting their three-day winning run amid mixed global cues. The breather comes after a strong 1.5 percent gain earlier in the week.
The Indian government has raised the basic customs duty on a number of items used in electronic and mobile communications in a move aimed at narrowing down the current account deficit.
✅ Sundaram Clayton inaugurates its new foundry in Chennai with an investment of Rs 150 crore to significantly expand its capacity. This expansion will primarily serve to Hyundai Motor India Limited.
An orderly depreciation of the rupee would increase competitiveness and relieve some of the pressures in capital market, according to a top World Bank official, who described it as a “positive development” if done in the right way.
Nifty, Sensex set to open Lower amid Sell off in Global Markets — Benchmark indices BSE Sensex and NSE’s Nifty 50 are set to open lower on Thursday in line with global markets. Asian share markets sank in a sea of red after US stocks suffered its worst drubbing in eight months.