Inflation to fall fast in 2024 helping UK economy to ‘turn a page’, PwC predicts December 28, 2023 Barret Kupelian, chief economist at PwC said 2024 will be "the year the UK turns a page" thanks to falling inflation.
Exclusive: Top economists forecast Bank of England to cut rates as soon as March December 28, 2023 The Bank of England is tipped to start cutting interest rates as soon as March, according to a City A.M. poll of top economists, as the central bank faces mounting criticism for being too hawkish in its monetary policy.
In memoriam: Two chancellors, Parky, Sir Bobby, business leaders and celebs we lost in 2023 December 26, 2023 As City A.M. looks ahead to the next 12 months, we reflect on those who have departed this year, and the impact they continue to have.
Borthwick must look overseas for next crop of England rugby players December 25, 2023 If you stood on an English beach in the south east and looked over the Channel, towards France, you may be able to see the faint outline of Jack Willis or Henry Arundell charging around a sports stadium. Because a huge number of England’s top rugby talent have migrated overseas and into the Top14, beyond [...]
New laws ‘guarantee’ privacy for digital pound users amid Britcoin concerns December 22, 2023 The Treasury and Bank of England are attempting to smooth concerns over snooping on digital pound spending, with upcoming legislation set to protect user privacy.
Revolut finally publishes 2022 accounts but UK banking licence remains elusive December 22, 2023 The fintech company has filed its long-awaited accounts for 2022, but a UK banking lisence remains out of reach.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Falling mortgage rates to provide support for house prices in 2024 December 21, 2023 Interest rates are expected to fall in the first half of next year after new figures showed that inflation dropped to 3.9 per cent in November, down sharply from 4.6 per cent the month before.
‘Expect volatility’: How will sterling perform in 2024? December 21, 2023 Traders around the world are dialling back their expectations for where interest rates will sit by the end of 2024.
How do the latest borrowing figures impact Hunt’s tax cut calculations? December 21, 2023 The Treasury borrowed £14.3bn in November, which was nearly £1bn less than this time last year but comfortably higher than economists had expected.