Surrey MLA and Minister of Labour Harry Bains says putting more money in workers' pockets means "more money to spend and support our local economy". "We're taking the recommendations of the Fair Wages Commission ". In a report delivered to government in January 2018, following public consultations and receipt of research and submissions, the commission recommended four minimum wage increases over four years.
U.S. West Texas Intermediate (WTI) crude CLc1 settled down $1.95, or 3.2 percent, to $59.20, the lowest settlement since December 22. Both contracts have fallen more than 9 percent from this year's high point in late January. The session low for US crude was $58.07. USA production has surpassed 10m bbl/day and shows no signs of slowing as oil producers put another 26 oil rigs to work in the week ended 9 February, according to data released by Baker Hughes on Friday.
Manchester United said the club were "deeply saddened to learn of the tragic death" of Miller and they extended their "condolences to his loved ones at this extremely hard time". Miller played in Scotland for Hibernian between 2009 and 2011 before his spell in Australia . Miller's death brought tributes from a number of his former clubs - including Leeds United, Hibernian and Sunderland as well as Roar and City.
State Bank of India Chairperson Rajnish Kumar said the huge loss incurred in the October-December 2017 period was the result of changes in the return to investors on bonds, due to which it had to provide Rs 3,400 crore as losses in the financial statement.
The rate had been at an historic low of 0.25 percent, set in August 2016 to counter anticipated headwinds from the Brexit vote, but the bank raised it by 25 basis points in November. The BoE also ramped up its outlook for the British economy, despite persistent uncertainty surrounding Brexit. "The Fed is leading the way followed by the Bank of England and European Central Bank".
U.S. crude - West Texas Intermediate - is off 1.57% to US$60.83 a barrel. Analysts cited higher Treasury bond yields as the catalyst for the drop, coupled with the view that the market surged to unsustainably high levels in December and January in the euphoria over U.S.