Week ahead: Fed to hold rates – but is a September cut on the cards? June 9, 2024 Any shift to a single cut, as suggested by Atlanta Fed President Raphael Bostic in April, could boost the dollar sharply.
Election 2024: Labour to rule out tax rises in ‘iron-clad’ manifesto pledge June 9, 2024 Labour’s manifesto will contain an “iron-clad commitment” to rule out increases to national insurance, income tax or VAT, Rachel Reeves has revealed.
London’s fox ambulance does exactly what it says. We meet the team. June 9, 2024 Trevor Williams once shared a stage with some of the biggest bands ever to pick up a guitar – now he rescues urban foxes with The Fox Project
Bank of England to take heart from positive surveys as markets wait on interest rate cuts June 7, 2024 Although there were no major releases, two surveys showed encouraging signs that inflationary pressures were easing, welcome news after April's inflation data came in hotter than expected.
House prices ‘static’ with interest rate cuts on the horizon June 7, 2024 London remained ahead of the country, with the median price of a house nationally at £288,688, compared to London which was £536,821, 0.2 per cent up on what it was last year.
ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation June 6, 2024 A number of smaller central banks have already started cutting interest rates, including the Swiss, the Swedish and the Canadian.
More good news for the Bank of England as firms expect wage and price pressures to ease June 6, 2024 Yet another survey shows that the Bank of England's interest rate hikes are slowly squeezing inflationary pressures out of the economy.
Recovery in construction sector continues as activity builds to two-year high June 6, 2024 An upturn in commercial property helped push construction activity to its highest level in two years, a new survey shows.
ECB to cut interest rates but path beyond June ‘still open’ June 6, 2024 "The rationale behind the cut will be to very gradually reduce the level of monetary policy restrictiveness without ending restrictiveness," Carsten Brzeski, ING's global head of macro said.
R&D investment must be key priority for next government, audit body urges June 6, 2024 In a manifesto released today, the Institute of Chartered Accountants of England and Wales (ICAEW) called on the next government to get R&D investment above three per cent of GDP.