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Bank of England’s Mann doubles down on backing for rate hikes

Bank of England’s Mann doubles down on backing for rate hikes

© Reuters. Economist and member of the Bank Of England’s Monetary Policy Committee Catherine Mann poses for a photograph ahead of a speech at Manchester Business School in Manchester, Britain, January 12, 2023. REUTERS/Phil Noble/Files By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interest rates…

Europe grapples with raising the retirement age as life expectancy rises and birth rates plummet

Europe grapples with raising the retirement age as life expectancy rises and birth rates plummet

BARCELONA, Spain — Chanting “Retirement before arthritis,” more than a million people poured into the streets in cities across France on Tuesday in protest of government plans to boost the country’s retirement age from 62 to 64.“It’s unfair to make people work until 64 — nobody is going to hire them,” former public transportation director…