Bank of England says lenders to be put through mini budget-style shock tests November 10, 2023 It is intended to replicate some of the chaos and more which was unleashed on markets last autumn after Liz Truss and Kwasi Kwarteng revealed their budget and other moments of turmoil.
EP: 238 Wincanton, Aintree, Newcastle & Hong Kong November 10, 2023 There’s some fantastic jumps racing at Wincanton on Saturday featuring the Badger Beer Handicap Chase, alongside a couple of Grade 2 contests. Aintree race over the grand national fences during their afternoon of racing, whilst Newcastle is the new venue for this year’s November Handicap. City AM Racing editor Bill Esdaile previews the best of [...]
Bitcoin almost breaks $38k before settling around $36,600 ahead of weekend trading November 10, 2023 Bitcoin posted a yearly high of $37,942 yesterday before settling around $36,600, where it’s still trading this morning.
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GDP: When is no growth in the economy a good thing? November 10, 2023 Ministers may have breathed a sigh of relief today as the UK economy narrowly dodged recession in the third quarter of the year after eeking out minor growth in September and August.
Jeremy Hunt: Inflation is ‘single greatest barrier to growth’ as UK economy flatlines November 10, 2023 Chancellor Hunt is due to give his Autumn statement on 22 November, with business groups saying he should take action to reduce inactivity in the workforce.
London City Airport chief flies to HS1 after Sunak axed Manchester leg of HS2 November 10, 2023 High Speed One (HS1), the UK's only high-speed and international rail line, has announced Robert Sinclair, as its incoming chief executive.
Diageo shares crash 15 per cent after it lowers forecasts amid Caribbean storms November 10, 2023 Diageo said it expects a slowdown in net sales growth in the first half of 2024, thanks to a performance downturn in Latin America and the Caribbean (LAC).
Natwest to scrap Alison Rose bonus after Farage debanking scandal, bank to confirm November 10, 2023 Natwest is expected to scrap large parts of Alison Rose's bonus, according to reports, after the Farage debanking furore
UK economy avoids recession edge as GDP shows no growth November 10, 2023 The ONS said services fell by -0.1% per cent, construction grew by 0.1 per cent and production was flat at 0.0 per cent, as the UK economy appeared to remain stagnant.
