Recession, interest rates and inflation: Five graphs that explain the UK economy May 10, 2024 The UK leapt out of recession in the first quarter of this year, with GDP growing by a relatively impressive 0.6 per cent.
‘Back with a bang’: Is the UK economy back on track after GDP data? May 10, 2024 The figures mean the UK grew at the joint fastest rate in the G7, surpassing the US and tying with Canada.
What’s behind London FTSE 100’s record run? May 10, 2024 So far this year the FTSE 100 has climbed just under eight per cent, which puts it roughly in line with peers in Frankfurt and Paris.
Recession over as UK GDP grows faster than expected in first quarter May 10, 2024 Economists think the UK will grow 0.4 per cent this year, although the Office for Budget Responsibility (OBR) expects a 0.8 per cent expansion.
FTSE 100 today: London markets set to extend bull run on renewed global rate cut optimism May 10, 2024 Asian markets surged with Wall Street, reflecting growing investor confidence, with Europe, including London, set to follow.
Dovish Bank of England opens the door to interest rate cuts May 9, 2024 "Its likely that we will need to cut Bank Rate over the coming quarters…possibly more so than currently priced into market rates," Bailey said.
Bank of England predicts growth tailwind as impact of interest rates wanes May 9, 2024 The Bank of England's new forecasts show inflation falling to target earlier than its last round in February.
Bank of England holds interest rates again but June cut on the cards May 9, 2024 The Bank of England voted to hold interest rates at 5.25 per cent.
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
Joseph Stiglitz: ‘Freedom for the wolves means death for the lambs’ May 9, 2024 "You see the incoherent use of the word freedom all over the place," he told City A.M over a half-eaten fry-up in Whitehall.