Why the outlook is bleak for UK firms despite first drop in profit warnings since mid-2021 October 30, 2023 Profit warnings among UK companies fell for the first time since 2021 in the third quarter, but access to credit is fast becoming a major concern for firms.
Bank of England set to leave rates on hold as economy teeters on edge of recession October 30, 2023 The Bank of England will leave interest rates on hold for the second meeting in a row as policymakers attempt to bring inflation down to target without tipping the economy into a recession.
House sales set to slide by 23 per cent this year October 30, 2023 Zoopla said that UK house prices will fall two per cent over 2024 with hopes that rising incomes will “steadily repair housing affordability".
Fed’s rate release anticipated in busy week for markets October 29, 2023 A string of central bank decisions and important data releases will keep investors on their toes this week.
Gillmore Centre launches crypto dashboard to enhance monitoring of crypto assets October 27, 2023 The Gillmore Centre for Financial Technology is to launch a new crypto dashboard aimed at revolutionising monitoring capabilities.
ECB brings rate-hiking campaign to an end as bloc looks to be on cusp of recession October 26, 2023 The European Central Bank (ECB) has finally brought its run of 10 consecutive rate hikes to an end as growth across the bloc looks set to slow over the coming months.
A year on, Rishi Sunak has swapped a fast death for the Tories for a slow one October 26, 2023 Sunak has set the Conservatives them on a path towards slow deterioration rather than sudden implosion.
Fierce mortgage competition to weigh on banks’ margins, warn brokers October 25, 2023 Mortgage profitability is a key focus for investors as lenders have significantly reduced rates in recent months.
Two more years of misery for London housing market, analysts suggest October 25, 2023 A recent report suggests house prices, including those in London, to decline in the coming months, but the decline will "not likely be sufficient".
Lloyds rides out end of interest rate spike with bumper profit October 25, 2023 Increasing competition was not enough to stop Lloyds from performing above expectations in the third quarter as the bank continued to benefit from a relatively benign credit environment. In the three months to September, pretax profit hit £1.9bn, more than triple the same period last year and slightly ahead of analyst expectations. Net interest income [...]