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15670 Search results for Bank of England'

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  • There’s nothing like the Olympics. Paris 2024 will prove that again

    July 21, 2024

    The Olympics is a bastion of patriotism and memories of a childhood well spent; despite growing up and coming to terms with the politicisation of it, says Deputy Sports Editor Matt Hardy. Being asked about early sporting memories often leaves a sense of complete and utter embarrassment. Now 24, I don’t vividly remember the 2003 [...]

  • More flight cancellations and delays expected in wake of global IT outage

    July 20, 2024

    A flawed update rolled out by cybersecurity firm CrowdStrike knocked many offline around the world on Friday, causing flight and train cancellations and crippling some healthcare systems.

  • Retail sales slump despite higher real wages

    July 19, 2024

    Retail sales fell faster than expected with department stores particularly badly hit.

  • FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty

    July 19, 2024

    Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.

  • Wage growth eases as Bank of England considers interest rate cut

    July 18, 2024

    The labour market figures are the last major set of statistics before the Bank of England's latest interest rate decision in a couple of weeks time.

  • Big-ticket ad campaigns are back as UK economy brightens

    July 18, 2024

    Big-ticket advertising campaigns, including those on television and radio, are making a comeback as the UK's economy continues to improve.

  • England fans drink in Euros final with pub spending spree

    July 17, 2024

    The number of orders made at pubs nearly tripled on the day that England played Spain in the Euros final, as football fans flocked to watering holes to see Gareth Southgate's side in their second final in three years.

  • King’s Speech: Labour to legislate OBR fiscal lock to boost ‘market credibility’

    July 17, 2024

    Labour will legislate for a fiscal lock to require the OBR to provide an independent assessment of any major tax and spending plans.

  • Hopes of a summer interest rate cut fade ahead of crunch wage data (and it’s partially due to Taylor Swift)

    July 17, 2024

    There are two particular causes of concern for the Bank, services inflation and wage growth. The two are closely linked.

  • Stubborn services prices to raise concerns as inflation remains at two per cent

    July 17, 2024

    Speaking last week, Huw Pill, the Bank's chief economist, said persistence in wage growth and services inflation points to "uncomfortable strength in those underlying inflation dynamics”.

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