‘Market prices vulnerable to sharp correction,’ Bank of England warns June 27, 2024 The Bank of England has warned that investors are only focusing on good economic news, sending up asset prices and raising the risk of a “sharp correction” in the future.
Job postings plummet by a fifth over past year as demand for workers weakens June 27, 2024 Vacancies in many sectors surged post-pandemic as firms looked for more workers to meet pent-up demand.
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
FTSE 100 today: London markets set to extend losing streak for third consecutive day June 27, 2024 Asian stocks fell and the yen slump triggered market intervention alerts. All eyes are on US economic data and the Biden-Trump debate.
Pensioners the ‘biggest winners’ from Tory policies since 2010, research shows June 26, 2024 Pensioners have been the big winners of Tory tax and benefit policies since 2010, according to new research from the Resolution Foundation.
FTSE 100 today: London markets brace for cautious trading ahead of US inflation and election June 26, 2024 Asian markets traded mixed despite Wall Street closing higher, with Nvidia climbing over 6 per cent. Focus on US new home sales.
Fed’s Bowman ready to hike interest rates again if inflation disappoints June 25, 2024 A rate-setter at the Fed raised the possibility that rates could be raised again if progress on defeating inflation was not maintained.
City rounds on pension schemes over attempt to derail FCA listing changes June 25, 2024 City figures have rounded on a group of top pension schemes after they mounted a last ditch attempt to derail the Financial Conduct Authority’s shake-up of listing rules last week.
Addressing the rise in long-term sickness could unlock £57bn windfall, research shows June 25, 2024 Reintegrating between half and three-quarters of those who have dropped out of the workforce since 2020 could generate anywhere between £35bn and £57bn over the next five years, the analysis suggests.
FTSE 100 today: London markets set for muted open ahead of US PCE inflation June 25, 2024 Asian markets quieted post-Wall Street tech sell-off, with Nvidia falling 6.68 per cent. All eyes are on US house price data and Fedspeak.