Arbuthnot sees surge in profit after SME deposit growth and ‘helpful’ interest rate hikes March 28, 2024 Arbuthnot Banking Group has reported a surge in annual profit on the back of growth in its small business offering and higher interest rates.
Bank of England rate-setter Haskel: Interest rate cuts are still ‘a long way off’ March 28, 2024 "Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation," Haskel told the Financial Times.
Shawbrook delivers jump in profit on higher interest rates and lending growth March 28, 2024 Challenger bank Shawbrook has posted a jump in annual profit on the back of interest rate hikes and higher lending.
UK recession confirmed as revised figures deal fresh blow to Rishi Sunak March 28, 2024 Latest official figures have confirmed that the UK fell into recession at the end of last year in a blow to prime minister Rishi Sunak's economic policy.
Mark Kleinman: This week’s must-read column March 28, 2024 Sky News’ City Editor Mark Kleinman writes a weekly column for City A.M., this week on the planned football regulator and NatWest’s new leadership team They think it’s all over – it isn’t yet, not by a long way. With apologies to the late Kenneth Wolstenholme, the legislation published by the government last week to [...]
Mortgages, real estate and government debt: Three things that worry the Bank of England March 27, 2024 The FPC, which was established in 2013, monitors financial stability risks and tries to prevent those risks developing into threats to wider UK financial stability.
Travelling this Easter? Here’s all you need to know for London transport, planes, trains, and cars March 27, 2024 After more than a year of rail delays, and the recent M25 closures, we take a look at what the great Easter getaway will look like this year.
CBI boss warns looming minimum wage increase may stoke inflation March 27, 2024 The increase in the minimum wage could reignite inflationary pressures as firms are forced to pass on costs to consumers, the CBI warned.
What’s On In London In April 2024 March 27, 2024 Spring has officially sprung in London, and while the weather is taking a little while to reflect it, Central London Alliance has pulled together a wide variety of exhibitions, shows and experiences to enjoy in the capital. Take in some of the West End’s most anticipated musical runs with a London newcomer like Hadestown, or [...]
Pragmatic Semiconductor: How £500m chip maker is set to become UK’s largest March 27, 2024 Pragmatic Semiconductor is set to become the UK's largest chip manufacturer by volume following the opening of a major line in the North East of England.