Household demand ‘soft enough’ to cut interest rates, Bank of England’s Dhingra says July 15, 2024 Swati Dhingra, widely seen as the most dovish member of the Monetary Policy Committee (MPC), said that "demand is soft enough" to prevent any resurgence in inflation even though wage pressures remain strong.
Why Taylor Swift might shape the future of UK interest rates July 15, 2024 Taylor Swift's Eras tour may give rate-setters at the Bank of England something extra to think about as they mull when to start cutting interest rates.
ECB to dominate focus for traders in busy week of UK data July 15, 2024 "It seems extremely unlikely that the ECB will cut rates again when they meet next week," analysts at RBC said.
Even football heartbreak can’t harm the City’s friendship with Europe July 15, 2024 England may have beaten the Netherlands in the Euros, but our two nations will always be close friends off the pitch, says Michael Mainelli As England and the Netherlands went toe-to-toe, or, more accurately, boot-to-boot, in Dortmund last Wednesday evening, I had just returned from a far more congenial four-day trip to Amsterdam and The [...]
FTSE 100 today: London set to open soft amid US political uncertainty July 15, 2024 Asian markets were mixed. The US dollar rose on bets of a Trump victory. China's growth slows. Focus on Netflix and major banks' earnings.
UK receives raft of upgrades after beating expectations again July 14, 2024 Figures out last week showed that the economy grew 0.4 per cent after stagnating in April. This was double the rate of growth expected by experts.
Gareth Southgate in line for 10 times bigger Euro 2024 bonus than England players July 12, 2024 Should they succeed and win a first major tournament since 1966, the Football Association will receive around £24m from governing body Uefa.
Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK July 12, 2024 Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.
Why the Bank of England may be wary of a growing UK economic recovery July 12, 2024 Debapratim De at Deloitte reckoned the Bank of England will be in "no hurry" to cut interest rates after this morning's GDP figures.
Lenders expect further rise in mortgage defaults in coming months July 11, 2024 UK lenders are expecting a further jump in default rates on home loans in the coming months, according to a Bank of England survey, as mortgage holders face higher refinancing costs.