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15424 Search results for The Bank of England

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  • Overseas investors return to London’s offices

    November 19, 2025

    Real estate investment in London has risen for the second year in a row as appetite for the capital’s assets returns, according to a new report. Total investment is set to top £14bn in 2025, below the 10-year average of £18.1bn but significantly higher than in 2023 and 2024, according to a new report by [...]

  • Inflation stays high in pre-Budget warning to Reeves

    November 19, 2025

    Inflation hit 3.6 per cent in the year to October, it has been revealed, in the last set of prices data Chancellor Rachel Reeves will see before a crucial Budget focused on curbing the cost of living. The Office for National Statistics (ONS) said inflation cooled slightly from last month’s figure of 3.8 per cent, [...]

  • Investors flee UK stocks as Budget jitters echo Liz Truss fiasco

    November 18, 2025

    Fund managers are ditching UK stocks as the fastest pace since Liz Truss and Kwasi Kwarteng panicked markets with the 2022 mini-budget. Global investors have dramatically reduced their risk to UK equities as the Labour government’s second Budget edges closer, where a hefty batch of tax rises are expected to be on the horizon. Rachel [...]

  • City watchdogs balloon despite deregulation drive

    November 18, 2025

    Calls for the Chancellor to accelerate her City-wide deregulation push grew on Monday after freshly obtained figures revealed headcount at financial regulators has ballooned by over 50 per cent in the past decade. According to data shared exclusively with City AM, nearly 4,500 more staff work at the City’s five largest regulators than did 10 [...]

  • Banking watchdog raises customer protection to £120,000

    November 18, 2025

    The UK banking watchdog has raised the cap for how much a customer can be paid if their provider fails. The Prudential Regulation Authority (PRA) has hiked the limit to £120,000 from £85,000 meaning additional customer funds will be protected if their lender collapses.  The limits come under the Financial Services Compensation Scheme (FSCS), which [...]

  • Andy Haldane: Budget speculation is hitting growth

    November 17, 2025

    Former Bank of England chief economist Andy Haldane has said there is “without a shadow of a doubt” a direct link between feverish Budget speculation and sluggish growth in the UK economy.  In an interview on Sky News on Monday morning, the incoming president of the British Chamber of Commerce (BCC) told Sophy Ridge that [...]

  • University tuition fee hike to prop up high inflation 

    November 17, 2025

    A rise in university tuition fees and volatile airfare prices are expected to prop up price growth as economists are pencilling in slightly lower inflation in October than in the previous month. Economists polled by Bloomberg said they expected consumer price index (CPI) inflation to reach 3.6 per cent in fresh data to be released [...]

  • Tech tailwinds boost Polar Capital as AI bubble balloons

    November 17, 2025

    Asset manager Polar Capital reported a surge in earnings after the firm’s “meaningful exposure” to tech stocks provided a hefty tailwind. The London-listed business recorded a 21 per cent jump in pre-tax profit to £27.9m, this was up from £23.1m just last year. Whilst outflows soared to £690m, including a significant £632m concentrated in the [...]

  • Exclusive: Industry chiefs warn Reeves not to hit business after income tax U-turn

    November 14, 2025

    The Chancellor must not rely on businesses to plug the gaping fiscal gap left by Thursday’s income tax U-turn, a group of industry body chiefs has warned a year after UK firms were forced to stomach much of the £40bn of tax hikes at Labour’s maiden Budget. In an unusual combined intervention, bosses from five [...]

  • UK bonds sell off after income tax U-turn

    November 14, 2025

    UK government bonds sold off sharply on Friday morning, as markets recoiled from the government’s decision to row back on plans to plug much of its multibillion-pound black hole with a manifesto-busting income tax hike. The yield on 10-year gilts – the common benchmark for the government’s long-term ability to borrow – climbed by some [...]

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