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Personal Finance

Banks in Britain could face fines if they make selective and arbitrary decisions about compensating customers who have fallen victim to fraud, the Financial Conduct Authority's head of enforcement said on Wednesday.
Britain's company pension schemes, grappling with ageing former employees and low investment returns, may start to transfer their assets into new so-called superfunds in the coming weeks, according to people involved in the process.
Britain's unemployment rate fell to its lowest since the mid-1970s in early 2019 as employers hired in the run-up to the original date for Britain's EU departure, but there were signs that Brexit was beginning to weigh on the jobs boom.
A legal duty for banks to act in the best interests of their customers may be needed, British lawmakers said on Monday, piling pressure on regulators to step up protection of consumers after a string of mis-selling scandals spanning decades.
British long-run public inflation expectations rose back to their long-term average of 3.2 percent last month, while short-run inflation expectations held steady at 2.7 percent, a monthly Citi/YouGov survey showed on Thursday.