London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
Why December’s inflation surprise is not a moment to panic January 17, 2024 How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?
Bank of England: Andrew Bailey doesn’t have long to restore credibility January 17, 2024 New data serves only to confuse the picture, which makes Andrew Bailey and the Bank of England's public utterances all the more important
Inflation picks up to surprise four per cent on higher tobacco prices January 17, 2024 The figures come just a day after new data showed that wage pressures had eased significantly in the second half of last year.
Banks rush to invest in new tech to combat rise in AI-driven fraud January 17, 2024 Banks are rushing to invest in new technology to combat rising levels of fraud as artificial intelligence unlocks new ways to create and perpetuate scams.
Electoral and fiscal pressures will clash over the coming year – there can only be one winner January 17, 2024 The main political parties have received no shortage of warnings about reckless fiscal plans ahead of this year’s election.
FTSE 100 today: London markets could wrestle with recovery as global risk mood sours January 17, 2024 Amid global market volatility, Asian markets respond to a Wall Street downturn, while Nikkei reaching a 34-year high; oil prices decline due to a dollar surge and Red Sea geopolitical concerns. The greenback hits a one-month peak. China's economy outperforms expectations, while investors await crucial data on UK inflation and U.S. retail sales.
How will the Bank of England change its approach on interest rates after wage growth falls again? January 16, 2024 Annual wage growth of 6.5 per cent may still sound like a lot, but a look underneath the hood suggests that wage growth is slowing fast.
Wage growth continues falling as signs emerge of loosening labour market January 16, 2024 Policymakers at the Bank have repeatedly stressed that further progress is needed on wage growth to justify loosening policy.
Britain has little money left – and it needs politicians who are honest about that January 16, 2024 It may not be an easy vote winner, but Britain needs politicians who are honest about our fiscal reality, writes Adam Hawksbee.