The Bank of England is once again at war with pro-Brexit politicians

Foreign Secretary Boris Johnson takes aim at Bank of England Governor Mark Carney. Johnson questions claims from Carney that the Brexit vote has already cost Brits £900 per household. It is not the first time Carney has clashed with pro-Brexit politicians. LONDON — Foreign Secretary Boris Johnson set himself on a collision course with the Bank of England on Tuesday, after calling into question claims made by Governor Mark Carney. The comments came after the governor told a parliamentary committee that voting for Brexit lowered the household incomes of regular Brits, and has already caused economic damage. Discussing why economic forecasts have been wide of the mark in recent years,… Read More

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Vegas casino workers OK strike that may hobble famed resorts

By REGINA GARCIA CANO | The Associated Press LAS VEGAS (AP) — Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted Tuesday to authorize a strike at any time starting June 1, a move that could cripple the city’s world-famous resorts. About 25,000 members of the Culinary Union who work at 34 different casino-resorts across the tourist destination cast ballots in two sessions, showing the collective power of the largest labor organization in Nevada. The move hands union negotiators a huge bargaining chip as they work to solidify new five-year contracts. The… Read More

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Meet the 35 most exciting young entrepreneurs, engineers, and advisors in UK fintech

LONDON — Fintech is a big business in the UK. The British Treasury has now held two conferences to promote the country’s burgeoning financial technology industry on the world stage and the government estimates that the entire sector is worth £7 billion to the UK economy. That’s up from almost nothing a decade ago. Business Insider has covered UK fintech since our 2014 launch. The UK Fintech 35 under 35 highlights the most promising young entrepreneurs, engineers, marketers, and sector experts under the age of 35. It spans both startups and big banks operating in the sector. Here’s who made the cut: 35. Pierce Glennie, 27, chief product officer at… Read More

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