Bank of England leaves interest rates on hold with Bailey hailing ‘good news’ on inflation February 1, 2024 The Bank of England has kept interest rates on hold for the fourth meeting in a row while policymakers pushed back against expectations of imminent rate cuts. The decision means the Bank Rate remains at a post-financial crisis high of 5.25 per cent, a level reached last August. Six members of the nine-strong Monetary Policy [...]
Ed Warner: Jurgen Klopp’s Liverpool resignation shows the monster has to be fed February 1, 2024 On Klopp, Raducanu, Littler and our monstrious appetites.
FTSE 100 today: London markets brace for cautious start amid weak global cues, BoE policy decision holds key February 1, 2024 Asian markets mimic Wall Street's decline while oil prices rise amid Middle East tensions. Investors await the Bank of England policy decision and focus on upcoming earnings reports from Apple, Amazon, and Meta.
Fed leaves interest rates at 22-year high but pushes back on rate cuts January 31, 2024 The decision means the federal funds rate will remain at a 22-year high, standing in a range of 5.25 to 5.50 per cent.
FTSE 100 close: Bluechip index closes lower as investors await Fed’s interest rate decision January 31, 2024 London’s FTSE 100 closed in the red as investors await the latest interest rate decision from the US Federal Reserve later today, while big tech results last night soured risk sentiment. The FTSE 100 ended 0.47 per cent lower at 7,630.57 while the midcap FTSE 250 index, which is more aligned with the health of [...]
Forget Dishoom: Veeraswamy is London’s more intriguing Indian restaurant January 31, 2024 Veeraswamy, soon to celebrate its centenary, is Britain's oldest curry house and should inspire curry houses around the country with its friendly service and superior food
Moving markets: Five things shaping the FTSE 100 today January 31, 2024 Asia markets mirror Wall Street's decline; most AI stocks, including Microsoft, Alphabet, and AMD, tumble; China's January factory activity contracts; attention shifts to Fed and BOE policy meetings.
Revealed: FCA hikes pay to fend off pull of the private sector January 30, 2024 The Financial Conduct Authority is set to hike pay across the board this year as it looks to pull in more staff from the private sector and fend off pressure from unions, City A.M. can reveal.
UK Finance boss: City’s post-Brexit ‘challenger’ role takes ‘some getting used to’ January 30, 2024 Postings noted that in the Brexit debates "there was probably more debates around fishing quotas than there was around financial services".
Moving markets: Five things shaping the FTSE 100 today January 30, 2024 Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.