FTSE 100 today: London markets set for quiet kickoff ahead of data-heavy week March 19, 2024 Markets saw volatility as Japanese stocks fluctuated following the Bank of Japan's decision to scrap negative interest rates, leading to a weaker yen. Meanwhile, Australia's central bank maintained rates at 4.5 per cent, with focus shifting to upcoming policy decisions from the US Federal Reserve and the Bank of England.
UK credit card debt jumps as household finances squeezed in warning sign for the economy March 18, 2024 Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.
Moving markets: Five things shaping the FTSE 100 today March 18, 2024 Asian shares climb on strong Chinese data, while oil prices surge amid geopolitical tensions. Vladimir Putin wins 88 per cent of votes in an election devoid of opposition candidates. Major central banks take centre stage this week with pivotal decisions ahead.
Central banks in focus this week as policymakers weigh up interest rate cuts March 17, 2024 Major central bank are set to dominate the headlines this week as they prepare to make decisions on interest rates that will determine borrowing costs around the world.
Bank of England to cut interest rates in June, economists forecast March 17, 2024 The Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.
Lib Dems call for Biden-style tax on share buybacks at spring conference March 16, 2024 Party leader Sir Ed Davey said: “Neither the Conservative government or Labour Party have explained how they will fund public services fairly after the next election.
‘Death by a thousand cuts’: UK insolvencies soar 17 per cent and exceed pandemic levels March 15, 2024 The government agency said this was higher than levels seen during the pandemic "while the government support measures were in place", with things like the furlough scheme. It is also higher than pre-pandemic figures.
Berkeley shrugs off housing market woes and remains on track for three-year growth plan March 15, 2024 British property developer Berkeley Group is on track to deliver £1.5bn of pre-tax profits over the next three years, according to an update by the firm this morning.
For once, Humza Yousaf has set an example other politicians should follow March 15, 2024 In overriding the advice of “experts” and channelling aid to Gaza, Yousaf did what politicians are elected to do, says Paul Ormerod Humza Yousaf, the First Minister of Scotland, does not often attract plaudits. But last week he overrode the advice of his officials. Shock, horror. Surely Sir Humphrey and the “experts” always know best. [...]
London is no capital of culture without Vault Festival March 14, 2024 Vault Festival has announced its venue has fallen through and the event is no more, says Adam Bloodworth Vault Festival launched the careers of thousands of actors and writers via its unique business model, which meant new performers could put on shows and not break the bank, because part of the show was paid for [...]