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.
North American Income trust ditches Abrdn as manager May 9, 2024 The North American Income trust has ditched Abrdn as its portfolio manager, instead appointing Janus Henderson to manage it.
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.
Firms outside London attract the majority of private capital May 9, 2024 The majority of private equity and venture capital investment in 2023 was made outside of London, according to new data from an industry body.
Revisiting Golden Visas in a New Legal Landscape May 9, 2024 | Sponsored Christina Georgaki The Golden Visa landscape is shifting in Greece and Europe. These changes tell a story of success for some, and disappointment for others. Last month, the Greek Government announced a move to a four-tiered Golden Visa system. The minimum threshold remains at its previous level of €250,000 for commercial to residential conversions and [...]
As sales slump, how has Tesla been impacted by Musk buying Twitter? May 9, 2024 Tesla sales are down, its Cybertruck product is facing recalls, and the automaker is cutting jobs – and prices – in response. Some investors have put this decline in fortunes down to the fact that Tesla’s CEO, Elon Musk, is also dealing with running media giant X/Twitter. Others, meanwhile, have pointed to the broader tides [...]
‘Anaemic’ UK growth means Hunt will fail to meet fiscal rules, think tank warns May 9, 2024 The UK will suffer from "anaemic" growth for the foreseeable future meaning the government will fail to meet its fiscal rules, new forecasts suggest.