Bank of England right to be cautious after cutting interest rates August 1, 2024 Different members of the Monetary Policy Committee (MPC) clearly have different views on where the economy is now.
FTSE 100: London stocks jump and pound slides after Bank of England cuts interest rates August 1, 2024 London stocks jumped this afternoon and the pound hit a one month low after the Bank of England moved to scale back interest rates from a 16-year high at its latest monetary policy meeting.
Bank of England: UK growth forecasts get upgraded – but momentum still weak August 1, 2024 Looking to the immediate future, GDP growth in the second quarter is expected to match the 0.7 per cent recorded in the first three months of 2024.
Bank of England cuts interest rates for first time since March 2020 August 1, 2024 The Bank of England's interest rate decision was eagerly anticipated by investors.
House price growth accelerates ahead of potential interest rate cut August 1, 2024 UK house price growth has accelerated in the past month as buyer confidence picked up and mortgage rates fell ahead of a potential interest rate cut by the Bank of England. UK house prices rose by 0.3 per cent month on month in July, Nationwide reported in their monthly house price index. The annual growth [...]
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.
Metro Bank share price soars after lender reports its on track for profitability later this year July 31, 2024 Metro Bank expects to return to profitability in the final quarter of 2024 as the lender attempts to stage a recovery from a volatile year.
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