Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Inflation: Brits ‘paying the price for years of poor economic management’ September 17, 2025 Inflation hit 3.8 per cent in the year to August, according to official data, sending a warning to Bank of England officials ahead of a crucial interest rate vote on Thursday. The previous reading for inflation in July was 3.8 per cent, with the August figure likely to confirm Bank of England rate-setters will vote [...]
Bank of England predicted to not cut interest rate until 2026 September 12, 2025 Interest rate cuts are unlikely to take place this year, according to some of the most dovish forecasters, with City analysts split on where they will settle given the UK’s battle against high inflation and low growth. The Bank of England is set to hold its next monetary policy committee (MPC) meeting next week, a [...]
Andrew Bailey slams Trump’s ‘dangerous’ threats against US Federal Reserve September 3, 2025 Bank of England Governor Andrew Bailey has said he is “very concerned” about President Trump’s threats against the US Federal Reserve. In a hearing before the Treasury Select Committee, Bailey said the threat to the Fed’s independence was a “very serious situation”. The Governor said he was worried about attempts to “trade off” monetary and [...]
Investec raises growth forecast and backs November interest rate cut August 29, 2025 Global banking firm Investec has lifted its growth projections for the UK economy with another interest rate cut pencilled in for 2025. The financial services company expects the UK economy to grow 1.5 per cent this year and 1.6 per cent in 2026. This trumps the Office for Budget Responsibility (OBR) forecast, which expects the [...]
House sales rise in summer, but will property tax rumours kill confidence? August 29, 2025 The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]
Rachel Reeves told ‘copy Margaret Thatcher’ with bank tax raid August 29, 2025 Britain’s banking titans are back in the hot seat as Rachel Reeves faces renewed calls to hike taxes on lenders. The self-described “iron Chancellor” has been advised to take a leaf out of Margaret Thatcher’s book with a fresh levy on banks that would hand the Treasury up to £8bn a year. The levy – [...]
Bank of England’s Mann: ‘Squeeze out’ inflation with rate holds August 26, 2025 Inflation is likely to become “persistently elevated” unless it is squeezed out with a more restrictive monetary policy than the Bank of England is currently predicting, a top Bank of England official has warned. In a hawkish speech delivered on Tuesday, Monetary Policy Committee member Catherine Mann said the spectre of further price rises looked [...]
Lloyds to hand shareholders over £17bn by 2027, analysts say August 26, 2025 Lloyds Banking Group shareholders are set for a bumper payout with analysts projecting the lender will return over £17bn to investors by 2027. The FTSE 100 giant was listed as Jefferies analysts “preferred” banking stock following a strong year-to-date performance. Shares in Lloyds have jumped over 50 per cent since January. The bank received a [...]
Trump says he will fire Federal Reserve governor August 26, 2025 President Donald Trump has said that he is firing Federal Reserve governor Lisa Cook. The unprecedented move would constitute a sharp escalation in his battle to exert greater control over what has long been considered a financial institution independent from day-to-day politics. Mr Trump said in a letter posted on his Truth Social platform that [...]
Dovish Powell hints at more rate cuts in US August 22, 2025 The Federal Reserve is likely to cut US interest rates at its next decision in September, Jay Powell has said, despite the country’s softening labour market being in conflict with upward pressure in prices from Donald Trump’s tariffs. In an eagerly anticipated address at the Jackson Hole symposium, the Fed chair highlighted slower economic growth, [...]