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Barclays and BOE Deliver a Gloomy Week: Bankers, Rate Cuts, and Criticism
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Barclays plans to give no bonuses to low-performing bankers and reduce its overall bonus pool. The Bank of England dampens hopes for rate cuts. Prime Minister Rishi Sunak faces criticism for his handling of a murder case. Chancellor of the Exchequer Jeremy Hunt expresses interest in a tax-free savings account for investing in British stocks. King Charles III receives cancer treatment.
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How could Prime Minister Rishi Sunak's handling of the murder case affect his political standing and public opinion?
How might Barclays' decision to cut bonuses impact employee morale and performance?
What factors are influencing the Bank of England's decision on rate cuts?
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