IMF warns central banks should be wary of leaving interest rates on hold for too long April 8, 2024 In a chapter from its latest World Economic Outlook, the IMF noted that different economies have experienced different effects from higher interest rates.
Meet the fund manager: Backing innovation in the age of AI April 8, 2024 In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from James Dowey, fund manager at Liontrust Global Technology Fund.
Bank of England should ‘loosen its grip on growth’ as labour market slack grows April 8, 2024 Starting salary inflation for permanent roles increased at its weakest rate in over three years, according to KPMG and the Recruitment and Employment Confederation's (REC) report on jobs.
UK economy: ‘Worst is behind us’ as optimism among finance bosses rises again April 8, 2024 With inflation falling fast and interest rates likely to be cut in a matter of months, CFOs are much more confident about their business prospects than is normally the case.
UK economy: Business output at highest level since May 2022 as recovery continues April 8, 2024 Economic output climbed to its highest level since May 2022 in March, according to the BDO Business Trends report.
Rental crisis to get worse as earnings ‘won’t keep up’ with London flats April 8, 2024 Rents are likely to continue growing over the coming years, turning a rental crisis into a perma-state in London
FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season April 8, 2024 Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.
US inflation to attract attention as concerns grow over Fed interest rate cuts April 7, 2024 Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.
Why lower interest rates might not offer much support to the UK economy April 6, 2024 Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.
FTSE 100 gives up gains as jitters ripple across the Atlantic April 5, 2024 The FTSE 100 has slumped this morning and given up much of its gains through the week after jitters rippled across the Atlantic from the US overnight.