Stubborn inflation poses risks to financial stability, central bank watchdog warns September 18, 2023 Markets should not fall into the trap of thinking that inflation is decisively on its way down, the Bank of International Settlements has warned.
Liz Truss: Bank of England mandate should be reviewed after inflation failures September 18, 2023 Former Prime Minister Liz Truss reiterated her claim that the Bank of England should have its mandated reviewed due to its failures to get a grip on inflation.
Bitcoin can surely be a beacon of hope in a society seemingly on the brink of collapse September 18, 2023 Susie Violet Ward believes Bitcoin offers not just a glimmer of hope but a tangible solution to the problems that ail our society.
Downing Renewables weighs up more share buybacks as market cap plummets September 18, 2023 DORE has suffered a sharp drop in the overall value of its assets this year, reflecting increasingly challenging economic conditions.
FTSE 100 close: London markets fall as central banks take centre stage again September 18, 2023 Markets were in a watchful mood as traders anticipated decisions from the US Federal Reserve, Bank of England and Bank of Japan later this week.
Share price plummets: Sorrell’s S4 Capital downgrades outlook as tech slowdown bruises ads market September 18, 2023 Shares in Sir Martin Sorrell’s S4 Capital plunged as much as 27 per cent at market open after it reported a mix bag of updates for the first half of 2023, with a strong technology division failing to make up for a slow ads market elsewhere in the business. The firm reported an operating loss [...]
Last orders? Number of pubs shutting for good jumps 50 per cent September 18, 2023 The number of pubs being demolished or converted for other uses across England and Wales surged by 50 per cent over the latest quarter, according to new figures. Official Government statistics have revealed that 230 pubs disappeared for good in the three months to June 30 as the impact of soaring costs and pressure on [...]
BP: New boss will need to figure out relationship with green energy September 18, 2023 BP boss Bernard Looney resigned last week after misleading his board. Energy editor Nicholas Earl argues whoever replaces him will need to stick or twist with Looney's renewables strategy
Interest rates: Three things the Bank will consider for the next rate decision September 18, 2023 The Bank of England's rate-setters will meet next week and they will have no shortage of topics to discuss.
Bank of England set to hike rates again despite fears of a recession September 18, 2023 Uncomfortably high levels of wage growth and services inflation suggest inflation is increasingly domestically driven.