U.K. to Delay Bank Capital Reforms Until at Least January 2026

The U.K.’s top financial regulator is set to delay the next wave of bank capital reforms, according to people with knowledge of the situation, the latest example of a major global rulemaker abandoning its timetable for the changes until the US finalizes its package, Bloomberg News reported. The Bank of England is poised to announce in coming days that it will postpone its entire package until January 2026 at the earliest as it monitors international developments, the people said, asking not to be identified discussing information that isn’t public. A BOE representative declined to comment.
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Next Loses Equal Pay Claim Against Mostly Female Retail Workers

Thousands of current and former employees at British clothing retailer Next Plc won an equal pay claim in a ruling that could have significant repercussions for similar cases in the country, Bloomberg News reported. The employment tribunal said in a ruling published on Tuesday that Next’s in-store sales workers, who are mostly women and paid lower hourly rates, were put at a particular disadvantage when compared with men doing equal work.
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