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Escape to the country... for less! House prices in these rural areas are cheaper than nearby cities and towns On 10 November 2023 the Bank launched Round 1 of the scenario phase of the SWES. During the scenario phase, we are asking SWES participants to consider the impact of a hypothetical stress scenario, tell us how it would impact their business, and the actions they would take in response. We aim to use participants’ submissions to understand how their actions and behaviours during a stress could affect wider UK financial stability, particularly the resilience of the core UK SWES markets of focus. From space to book festivals - SARAH HARTLEY looks at 20 hidden gems buried in the Autumn Statement Ernest Rutherford (1871-1937) – who uncovered the properties of radiation, revealed the secrets of the atom and laid the foundations for nuclear physics. A table and mathematical formulae from Turing’s seminal 1936 paper “On Computable Numbers, with an application to the Entscheidungsproblem” Proceedings of the London Mathematical Society. This paper is widely recognised as being foundational for computer science. It sought to establish whether there could be a definitive method by which any theorem could be assessed as provable or not using a universal machine. It introduced the concept of a Turing machine as a thought experiment of how computers could operate.

The last time the Bank approved a half-percentage point rise was in February, but that failed to nip the cost-of-living crisis in the bud.

Dorothy Crowfoot Hodgkin (1910-1994) – whose research using x-ray crystallography delivered ground-breaking discoveries which shaped modern science and helped save lives. Technical drawings for the British Bombe, the machine specified by Turing and one of the primary tools used to break Enigma-enciphered messages during WWII. Radio 4 broadcaster Paul Lewis tells ME & MY MONEY: My whole pension is in CASH and not shares... after all I am Mr Money Box Fears that the Bank has lost its grip on inflation caused the cost of Government borrowing to soar last week to even higher than the Liz Truss-era levels of last autumn, when her mini-Budget of unfunded tax cuts spooked investors and caused a run on the pound. Ada Lovelace (1815-1852) and Charles Babbage (1791-1871) – visionaries who imagined the computer age.

Currently the Bank intends to launch Round 2 of the scenario phase in 2024 Q2 and expects the SWES to conclude in 2024 Q4. Results and publications The Banknote Character Advisory Committee, with the help of public focus groups, created a shortlist of 12 options. These were:The FPC also voiced worries over vulnerabilities in the market-based finance sector, often known as shadow banking. Market-based finance includes a wide range of different financial institutions including insurance firms, pension funds, hedge funds and money market funds (MMFs). Mary Anning (1799-1847) – a self-taught palaeontologist known around the world for the fossil discoveries she made in her hometown of Lyme Regis. However, stress tests earlier this year indicate that banks would withstand a “severe macroeconomic downturn”. The launch of the note will stand as one of the most prominent changes for royal symbols since the death of the Queen in September; alongside new coins, stamps and the king’s CR monogram to be used on state documents and postboxes. You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

A quote from Alan Turing, given in an interview to The Times newspaper on 11 June 1949: “This is only a foretaste of what is to come, and only the shadow of what is going to be.” That provoked mortgage lenders to rush to hike the interest rate on home loans, while Bailey admitted it would take 'a lot longer than we expected' for headline inflation to fall from its current 7.8 per cent. Andrew Bailey, the Bank’s governor, said: “I am very proud that the Bank is releasing the design of our new banknotes, which will carry a portrait of King Charles III. This is a significant moment, as the king is only the second monarch to feature on our banknotes. People will be able to use these new notes as they start to enter circulation in 2024.”Sarah John, Chief Cashier, said: “The strength of the shortlist is testament to the UK’s incredible scientific contribution. The breadth of individuals and achievements reflects the huge range of nominations we received for this note and I would to thank the public for all their suggestions of scientists we could celebrate.” AA warns drivers to avoid puddles in case they're perilous potholes after a record month of related breakdowns BUSINESS LIVE: EasyJet cautious on winter outlook; Rolls-Royce lifted by aerospace; Pets at Home profits... Stephen Hawking (1942-2018) – who made outstanding contributions to our understanding of gravity, space and time. The Automatic Computing Engine (ACE) Pilot Machine which was developed at the National Physical Laboratory as the trial model of Turing’s pioneering ACE design. The ACE was one of the first electronic stored-program digital computers.

Regulators around the world have been scrambling to develop new tools to monitor this burgeoning sector, which has grown dramatically since the financial crisis in 2008 and now makes up around half of global assets. While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.

Bank of India, incorporated in the year 1906, is a banking company (having a market cap of Rs 42,492.43 Crore). Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2023. The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending 30-09-2023. For the quarter ended 30-09-2023, the company has reported a Consolidated Total Income of Rs 16,779.41 Crore, up 5.36 % from last quarter Total Income of Rs 15,926.04 Crore and up 29.06 % from last year same quarter Total Income of Rs 13,001.32 Crore. The bank has reported net profit after tax of Rs 1,498.55 Crore in latest quarter. The bank’s top management includes Mr.Rajneesh Karnatak, Mr.M Karthikeyan, Mr.P R Rajagopal, Mr.Subrat Kumar, Mr.Swarup Dasgupta, Dr.Bhushan Kumar Sinha, Mr.Subrata Das, Mr.V V Shenoy, Mrs.Veni Thapar, Mr.Munish Kumar Ralhan, Mr.Sankar Sen, Mr.Rajesh V Upadhya. It has NBS & Co as its auditoRs As on 30-09-2023, the company has a total of 410.36 Crore shares outstanding.