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Bank of England (BoE) Governor Andrew Bailey explains the decision to lower the policy rate by 25 basis points to 5% in August and responds to questions from the press. Key takeaways "Businesses do talk to us quite a lot about higher minimum wage." "Higher minimum wage has not led to bad news from o

Portugal's economic growth eased less than initially estimated in the first quarter, the latest data from Statistics Portugal showed on Friday. Separate official data revealed that consumer prices rose at a faster pace in May. Gross domestic product, or GDP, advanced 1.5 percent year-on-year in the