From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy
Why lower interest rates might not offer much support to the UK economy April 6, 2024 Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.
The week that was: EVs out of juice, star investors struggle and rate expectations April 6, 2024 Rate expectations, EV sales stalling and one investor losing out on his fairy-tale ending: we review another busy week in business.
House prices: March only slowing property growth, not reversing it April 5, 2024 The price of a home grew by just 0.3 per cent in March, slowing down from a 1.6 per cent rise when compared to the previous month.
Bank of England survey: Wage growth expectations ease in boost for interest rate cut hopes April 4, 2024 Persistent wage growth has been a major concern for the Bank as it considers when to start lowering interest rates.
Clearbank reports first annual profit as deposits double and customers boom April 4, 2024 Clearbank has posted its first annual profit on the back of growth in fees, customers and deposits as its clients attracted business with competitive interest rates and sought security following high-profile bank failures last year.
Letter to the editor: Interest rates, the long and the short of it April 4, 2024 While short-term interest rates make news, many overlook long-term rates, which are reaching levels not seen in over a decade.
Why economists might be underestimating the UK economy April 3, 2024 French argues that "household balance sheets have never been healthier," a point which he argues the consensus is underestimating.
Government debt sells off after Easter as higher-for-longer interest rate fears resurface April 3, 2024 "European bonds dropped, tracking the previous day’s selloff in Treasuries, as traders priced the possibility of fewer interest-rate cuts from the Fed," analysts at Liberum noted.
Euro inflation falls faster than expected as markets look for clues on interest rate cuts April 3, 2024 The ECB left interest rates on hold at its March meeting, warning that price pressures remain high "owing to strong growth in wages".
Services inflation to ‘cool significantly’ paving the way for June interest rate cut April 2, 2024 Falling energy prices will help services inflation to "cool significantly" in the months ahead, paving the way for the Bank of England to start cutting interest rates in June, analysts at Goldman Sachs said.