Rishi Sunak promises tax cut ‘gear shift’ ahead of next year’s general election December 14, 2023 Rishi Sunak has promised a “gear shift” in his approach to taxes ahead of next year’s general election.
Why the Bank of England stayed hawkish on interest rates while the Fed was optimistic December 14, 2023 The Bank of England has taken a more hawkish stance than its US counterpart on future interest rate cuts, after opting to leave them at a 15-year high of 5.25 per cent for the third time in a row. The central bank’s Monetary Policy Committee (MPC) said “key indicators” of inflation were still elevated, despite [...]
Bank of England holds interest rates – what does it mean for mortgages? December 14, 2023 The Bank of England has held interest rates at 5.25 per cent for the third time in a row, offering a glimmer of hope for the mortgage and property market. Steve Seal, chief of Bluestone Mortgages, said that today’s decision to leave rates untouched will be welcomed by “would-be and existing borrowers, who have felt [...]
Bank of England holds interest rates despite some policymakers voting for further hikes December 14, 2023 The Bank of England has left interest rates on hold at 5.25 per cent for the third time in a row. The move was in line with economists' expectations.
The UK has a new busiest train station – but it’s still in London December 14, 2023 New figures from the rail regulator have laid bare the Elizabeth Line's impact on London travel since its opening last year.
MP facing suspension over lobbying sting could trigger another by-election December 14, 2023 A former Conservative MP caught in a lobbying sting should be suspended from Parliament for 35 days, potentially triggering another by-election.
Worst corporate jargon of the week: Run it up the flagpole December 14, 2023 Running it up the flagpole: what does it mean? Who uses it? Should we be worried? City A.M. gives their verdict on a retro piece of jargon.
Musicmagpie share price soars after strong results on Black Friday tech sales December 14, 2023 Musicmagpie shares soared as much as 24 per cent on Thursday after the second-hand smartphone seller said it saw a record Black Friday.
Christmas comes early for Bunzl as staple goods supplier lifts profit guidance December 14, 2023 Staple goods supplier Bunzl has gifted investors an early christmas present, raising its full-year profit guidance.
UK fintech group IEC floats on London Stock Exchange’s AIM rival Aquis December 14, 2023 A UK fintech group has listed on the Aquis stock exchange in a boon to the City after a year of its public markets being starved of listings.