Brussels is reportedly planning to endorse the African Union’s bid to become a permanent member of the group, the outlet claims The EU intends to endorse the African Union’s bid to become a permanent member of the G20 at the group’s upcoming summit in New Delhi, people familiar with the matter have told Bloomberg.

The Bank of England (BoE) warned on Tuesday that the economic prospects for Britain have deteriorated since the start of the year, calling on the country’s lenders to set aside more capital to absorb shocks in the markets.

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