A trade deal with Texas: The UK can learn from the Lone Star State March 13, 2024 There are three ways to look at the trade “co-operation” agreement which will be signed today between the UK and the great state of Texas. The first is as a largely pointless press release, a damning indictment of pre-Brexit promises of an all-singing, all-dancing trade deal with the entire United States, not just a particularly [...]
Bank of England’s fears of a tight labour market will remain despite growing slack March 12, 2024 Although almost every measure suggested a softer labour market than expected, the downside surprises were small and show a labour market that is still tight in historical terms.
Wage growth slows faster than expected and unemployment picks up slightly March 12, 2024 Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.
Silicon Valley Bank one year on: Is another banking crisis around the corner? March 12, 2024 One year on from the collapse of Silicon Valley Bank - could another crisis be around the corner?
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large March 12, 2024 Asian stocks surged, and Oracle's shares soared over 14%. Bitcoin also broke records, surpassing $72,000. Market focus now shifts to forthcoming UK employment data and US inflation figures for key insights into economic trends.
Dial R for Regulation March 11, 2024 2023 saw more publications and developments in global policy and regulation for digital finance than any previous era in financial regulation. Jurisdictions are racing to build their frameworks to attract new capital, talent, regulated firms, and innovative business models.
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
Pay growth set to stay high in blow to Bank of England interest rate cut hopes March 7, 2024 The Bank’s most recent Monetary Policy Report suggested that there needed to be a “moderation in pay pressures” to bring down services inflation, a key gauge of domestic inflationary pressures.
Hunt’s budget was more a salad buffet than a proper City lunch March 7, 2024 Sky News’ City Editor Mark Kleinman on the budget, the latest on the Woodford fallout, and another bank tie-up
Spring Budget in review: Some sensible moves, a few gimmicks, but mostly a bore March 7, 2024 So, what's the verdict? Some small steps in the right direction, but nothing to move the dial on the economy – or the opinion polls, writes Julian Jessop.