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In February, the UK experienced flat GDP growth, which fell short of expectations for an increase, however, January's GDP was revised upward, aligning February's output with predictions. Industrial action in the public sector negatively affected February's activity, while construction output rebound

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Carlos Abarca, former chief information officer (CIO) at TSB Bank, has been personally fined £81,620 in an unusual move by the Bank of England's Prudential Regulation Authority (PRA) for inadequately managing an IT migration that led to massive disruptions for millions of customers.

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