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  • FA blames Qatar World Cup for falling revenue and operating profits

    April 30, 2024

    The FA saw revenue drop from £518.8m to £481.8m and operating profit fall from £138.6m to £39.4m.

  • Bank of England’s bond purchases could cost taxpayers £85bn

    April 30, 2024

    Following the banking collapse of 2008, the Bank started hoovering up government bonds on the secondary market. The hope was this would lower borrowing costs and stimulate economic activity.

  • Lloyds, HSBC, Barclays and Natwest results show consumer strength amid higher rates

    April 30, 2024

    Barclays, Natwest and Lloyds reported first quarter results last week while HSBC updated investors this morning.

  • Impact of Bank of England interest rate hikes wanes as mortgage approvals rise

    April 30, 2024

    Bank of England figures showed that net mortgage approvals climbed again to 61,300 in March, slightly above the 60,500 seen in February and roughly in line with economists' expectations.

  • London rents hit record highs – but price increases are slowing

    April 30, 2024

    Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found. 

  • Why we should be cautious about rising business confidence

    April 30, 2024

    A number of surveys have said that business confidence in the UK is on the up and the economy is set to rebound. But dig a little deeper, the news might not quite be as rosy as it sounds, Chris Dorrell writes

  • London business confidence falls fast but economy as a whole remains optimistic

    April 30, 2024

    "Businesses are feeling increasingly confident about the economy, coinciding with falling inflation and hopes that interest rates will start to fall this year," Hann-Ju Ho, senior economist at Lloyds said.

  • Flat owners in London feel the squeeze as service charges balloon

    April 29, 2024

    The average annual service charge on London flats has risen close to 10 per cent over the last 12 months, piling further pressure on cash strapped city dwellers. 

  • Digital pound could make Treasury billions from seigniorage revenue

    April 29, 2024

    "The government looks set to receive a significant windfall from the introduction of a digital pound in the coming years, which doesn’t seem to have yet factored into debates over ‘fiscal headroom’," Simon Youel, author of the research said.

  • Bank of England to cut interest rates in August before the Fed, economists predict

    April 28, 2024

    The Bank of England is expected start cutting interest rates in August before the US Federal Reserve, a City A.M. poll of top economists has revealed, as inflation edges back down to the government's two per cent target.

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