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Bank of England's Weale sees higher productivity in northern Europe, U.S.

LONDON, Oct 12- Living standards in Britain, the United States and parts of northern Europe should rise solidly in future as a return of business confidence boosts productivity, a Bank of England policymaker said on Monday. "Britain's most recent experience suggests tentatively that reviving business confidence can see an improvement in productivity growth,"...
Source: Reuters | By: David Milliken
Low-skilled migration, under-investment may have hurt UK wages - BoE

LONDON, Sept 23- Low-skilled migrants and less business investment may have been factors behind Britain's slow wage growth and productivity in the past couple of years, though the effect should fade in time, one of the Bank of England's deputy governors said on Wednesday. Broadbent cited the example of a small business he had spoken with which hired two, less...
Source: Reuters | By: David Milliken