Ignoring market expectations on rate cuts would be Bailey’s final straw April 8, 2024 It may, perhaps, seem odd that the Bank of England’s decision on interest rates should be effectively made by the market. But that is the case over the coming ten weeks, through the May and June rate decision. To fail to meet market expectations would, now, represent the final nail in the credibility of Andrew [...]
FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season April 8, 2024 Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.
US inflation to attract attention as concerns grow over Fed interest rate cuts April 7, 2024 Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.
Grand Designs’ Kevin McCloud: Big builders are artificially driving up house prices for profit April 7, 2024 Most of the issues in the market can be traced back to the big builders that dominate the sector, TV presenter Kevin McCloud, told City A.M.
Are house prices going to fall? Is this the end of buy-to-let? What’s going on in the housing market? April 7, 2024 The UK property market confounded expectations last year, only falling by two per cent. With rate cults looking likely, will it rally again?
Why lower interest rates might not offer much support to the UK economy April 6, 2024 Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.
Car insurance claims payouts hit a record £1.1m an hour in 2023 April 6, 2024 A staggering £9.9bn was paid out to motorists across 2023, according to the ABI, the highest annual figure since it began collecting data.
The week that was: EVs out of juice, star investors struggle and rate expectations April 6, 2024 Rate expectations, EV sales stalling and one investor losing out on his fairy-tale ending: we review another busy week in business.
Underdog: The Other Other Bronte at the Dorfman Theatre review April 5, 2024 Underdog is not especially deep but examinations of sisterhood are rare and thus deserving, argues Lucy Kenningham
London restaurant chain Ping Pong bans staff tips on card and introduces ‘brand fee’ April 5, 2024 A London restaurant chain has banned customers from paying a tip by card and introduced a 15 per cent “brand” fee instead, just three months before a new legislation makes it compulsory to give staff tips.