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UK PM Johnson: Package to help with energy costs is necessary and huge

UK PM Boris Johnson on Thursday said that the UK faces a cost of living crunch and the government has to help people. The package to help with energy costs is necessary and huge, he added, saying that hopefully inflationary pressures will start tpo subside once the world economy regains momentum. When asked about the planned national insurance rise, Johnson said we have to put in the money to fix the health service.

BoE's Bailey: After adjusting for Covid, underlying wage growth is higher than would be expected

Bank of England Governor Bailey on Thursday said that, after adjusting for Covid, underlying wage growth is higher than we would expect for this stage
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United States Initial Jobless Claims 4-week average up to 255K in January 28 from previous 247K

United States Initial Jobless Claims 4-week average up to 255K in January 28 from previous 247K
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