Bank of England set for August interest rate cut – but general election means doubts linger June 18, 2024 While the Bank is widely expected to hold rates this week, focus now turns to its August meeting. Chris Dorrell explains that while all signs are pointing towards a cut in just under two months, the outcome is far from certain
FTSE 100 today: London markets to open higher amid firm global cues June 18, 2024 Asian stocks mirrored Wall Street's gains. Focus on US retail sales, Fed officials' speeches, UK inflation, and Bank of England decision.
Build, Baby, Build: The private sector alone won’t fix the housing crisis June 18, 2024 The private sector has never delivered the 300,000 homes a year the government says we need; local authorities must be part of the solution, say Gideon Salutin and Niamh O Regan All the major parties are promising more homes at this election. Labour has promised 300,000 a year for England, while the Conservatives have pledged [...]
London overtakes Paris as Europe’s biggest stock market after Macron’s election gamble June 17, 2024 Emmanuel Macron’s election gamble has caused France to lose its crown as Europe's biggest stock market, with London retaking the title after spending most of the last two years in second place.
Rightmove: House prices remain stable despite soaring mortgage rates June 17, 2024 Confidence in the UK housing market has slipped ahead of a general election, despite signs of improvement in recent months.
Lendinvest issues profit warning after accounting error on £5m securitisation deal June 17, 2024 Property fintech Lendinvest has issued a profit warning for its 2024 financial year after an accounting error related to a £5m securitisation deal.
For whom the crypto bell polls June 17, 2024 Elise Soucie‘s monthly column will cover policy and consultation updates from around the world, as well as the latest digital innovations in institutional markets. In just two weeks, the UK will have an election that is anticipated to shift the political balance of power, but will also likely have a wide-ranging impact on the nations [...]
Ignore the naysayers. Heathrow’s new boss is charting a course out of turbulence June 17, 2024 Heathrow airport has attracted a lot of critism recently, but is the company's future really at risk?
Big banks hike small business lending for first time in nearly two years as UK economy improves June 17, 2024 Big banks' lending to UK small and medium-sized enterprises (SMEs) has seen its first notable rise for almost two years, according to quarterly data, amid an improving outlook for the domestic economy.
FTSE 100 today: London markets set to open lower as global sentiment deteriorates June 17, 2024 Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.