BOE's Comparatively Low Rate Rise Still Looks Positive For Sterling0707 GMT - The Bank of England's decision to raise interest rates by another 25 basis points on Thursday was low compared to other central banks but this doesn't necessarily put the sterling at a disadvantage, Commerzbank says. ---Curtis Banks Says COO Jane Ridgley Is RetiringCurtis Banks Group PLC said Friday that its Chief Operating Officer Jane Ridgley is retiring, and that it has started a search for a successor. ---Bidstack Group Appoints David Reeves as Chairman DesignateBidstack Group PLC said Friday that it has appointed David Reeves as chairman designate. The U.K. grocer's decline in U.K. sales met the U.S. bank's consensus expectations, it said, citing a post-pandemic normalization and the effects of inflation. (sabela.ojea@wsj.com; @sabelaojeaguix)Contact: London NewsPlus; paul.larkins@wsj.com(END) Dow Jones NewswiresJune 17, 2022 03:50 ET (07:50 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal June 17, 2022 08:55 UTC