Fed holds interest rates for eighth straight but signals cuts are coming July 31, 2024 The Fed voted to leave interest rates on hold for the eighth consecutive meeting and did not give any clear sign that rate cuts were on the way.
Ahead of the Game: Six Nations facing compensation fight over £800m deal snub July 31, 2024 In his first weekly sports news column, Matt Hughes reports on the row between the Six Nations and southern hemisphere chiefs over the Nations Championship, the value of Team GB’s new deal with Adidas, Everton’s tensions with the Premier League, and England cricket chiefs’s latest hire. The Six Nations are facing potential demands for tens [...]
Why Donald Trump’s bitcoin reserve wouldn’t work in the UK July 30, 2024 Debates over a government bitcoin reserve have swelled up this week after former president Donald's Trump's comments at a bitcoin convention over the weekend.
Why the Bank of England will cut interest rates on Thursday July 30, 2024 For the first time in months, there is genuine uncertainty about whether the Bank of England will cut or hold interest rates. But signs are pointing towards a cut, Chris Dorrell argues
Why London’s labour market is ‘stuck in a rut’ despite a brighter UK economy July 30, 2024 London’s labour market is stuck at a “standstill” as firms hold back expansion plans despite signs the economy is picking up pace, a new survey has shown.
FTSE 100: London inches towards all-time high as markets anticipate rate call July 29, 2024 FTSE 100 stocks started the week with a surge, rising one per cent in the three hours after the opening bell, as the market holds its breath on whether the Bank of England will cut interest rates later this week. After the record performance of the FTSE 100 in May, where the index hit an [...]
City split on Bank of England’s August interest rate decision July 29, 2024 City economists are split about whether the Bank of England will choose to start cutting interest rates on Thursday.
Week ahead: Market holds breath for busy central bank week July 28, 2024 Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.
Natwest shares rise after strong results and deal for part of Metro Bank’s mortgage book July 26, 2024 Natwest became the latest bank to report a fading boost from higher interest rates as it announced the acquisition of part of Metro Bank's mortgage book.
Lloyds Bank profit slides as interest rate boom slows July 25, 2024 Lloyds Banking Group recorded a slide in profit in the first half of the year after a surge in costs and a slowdown in the amount of cash it was making on the back of interest rates. The group – which owns Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows – reported a pretax [...]