The Bank photograph

The Bank

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Release date Turkey
Directors Robert Connolly
Screenplay Robert Connolly
Producers John Maynard
Composers Alan John
Date of Reg.
Date of Upd.
ID2045792
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About The Bank


Jim Doyle (David Wenham) is a mathematical prodigy trying to concoct a way of foreseeing stock market collapses. He's approached by Centabank CEO Simon O'Reilly (Anthony LaPaglia), who is eager to co-opt Doyle's potential breakthrough. As an employee of Centabank, Jim works toward his goal, while Simon is under pressure from the board of directors. Meanwhile, a working class couple with a vendetta pursues legal action against the bank. Inevitably, corruption soon rears its ugly head. …

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... The Bank of England s governor, Andrew Bailey, said last week that productivity rates in the UK " concern me a lot"...

Bank branch closures hits Prime Minister Rishi Sunak's constituency

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... This week, shareholders voted to back a £1bn rescue deal aimed at securing The Bank s future...

Barclays to cut 900 UK jobs, says Unite union

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... The union said the " disgraceful" move in the lead-up to Christmas would boost The Bank s " massive profits"...

No interest rate cuts for foreseeable future, says Bank of England

No interest rate cuts for foreseeable future, says Bank of England
Nov 27,2023 9:31 am

...Michael RaceBusiness reporter54 minutes agoThe governor of The Bank of England has warned again that interest rates will not be cut in the " foreseeable future" saying it is " too soon to have that discussion"...

Metro Bank shareholders to vote on rescue deal

Metro Bank shareholders to vote on rescue deal
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...Metro Bank shareholders are to vote later on whether to back a rescue deal aimed at securing The Bank s future...

Interest rates: Why there is more pain still to come

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... However, interest rates have a central impact on our finances, and the power to set them lies with The Bank of England, not the chancellor...

'Labour won't turn on spending taps' says Starmer

Nov 22,2023 9:11 am

By Michael RaceBusiness reporter, BBC News

Sir Keir Starmer is to warn that the UK will face " huge constraints" on public spending if his party win The Next General Election.

On Monday, he will say anyone expecting an incoming Labour government " to quickly turn on the spending taps is going to be disappointed".

Growing the economy is set to be a battleground for both Labour and the Conservatives at The Next election.

The Conservatives claim Labour's borrowing Plan would raise taxes.

Rishi Sunak , the Prime Minister , has made Economic Growth one of his key pledges.

The cost of living in the UK has put the economy at the centre of political debate as inflation and high interest rates put pressure on household budgets.

The UK has not slipped into recession but there have been concerns over weak growth.

The Bank of England's governor, Andrew Bailey , said last week that productivity rates in the UK " concern me a lot".

In a speech to economists and think-tanks later on Monday, Sir Keir will say Economic Growth " will have to become Labour's obsession if We Are to Turn Around the economy".

But he will argue that decisions taken from the government and previous Conservative administrations for The Past 13 years " will constrain what a future Labour government can do".

" The comparison between 2010 and today is instructive, " the Labour leader will say.

" Now, debt and interest rates are much higher. Britain's standing is diminished. Growth is stagnant and public services are on their knees. "

" Taxes are higher than at any time since The War , none of which was true in 2010. Never before has a British government asked its people to pay so much, for so little. "

His comments will come after his party denied claims it could further water down its flagship green prosperity Plan .

A senior source had suggested to The Bbc that The Level of investment previously Promised - of £28bn a Year - might never be reached.

In June Rachel Reeves , The Shadow chancellor, watered The Pledge down. Senior source in the Labour leader's office said the decision was made because of The State of The Public finances.

However, a Conservative spokesman said Labour's policy " presents a major risk" to The British economy at a time when the cost of borrowing is " so high".

Richard Holden , the Conservative Party chairman, said: " The largest 'constraint' to growing the economy would be Labour's £28bn a Year borrowing Plan - which independent economists warn would see inflation, interest rates and people's taxes rise".

As well as focusing on growth, Sir Keir will outline his plans which include changing " restrictive planning laws and get Britain building again" and creating a " proper industrial strategy drawn up with business".

He will also declare Labour would secure " a New Deal to make work pay with increased Mental Health support, fully-funded Plan to cut NHS waiting lists, an end to Zero Hour contracts, no more fire and rehire, and a Real Living wage".

The government has announce it will, but the government's forecaster, The Office for Budget Responsibility (OBR), has said living standards are also not expected to return to pre-pandemic levels until 2027-28.

Sir Keir will say that the current parliament is " on track to be The First in Modern History where living standards in This Country have actually contracted".

Most recent official figures show the economy failed to grow between July and September, after a succession of interest rate rises that have increased borrowing costs.

Chancellor Jeremy Hunt announced several tax cuts in his autumn statement.

One policy move included making permanent a

But the decisions will not prevent taxes staying at their highest level on record and Economic Growth is forecast to be sluggish.

Sir Keir will also say in his speech that " it's not the case that 'any growth' will do".

" No, we can't be agnostic about the sort of growth we pursue, anymore. The growth we need must better serve Working People . And must raise living standards in every community, " he will argue.

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Source of news: bbc.com

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