Bank of England to start cutting interest rates in May with inflation on its way to target February 12, 2024 Andrew Bailey, the Bank's governor, noted the "good news" on inflation while Huw Pill, the Bank's chief economist, suggested rate cuts were a "when rather than an if".
Evri: Private equity owners prep parcel giant for £2bn sale February 11, 2024 Evri's private equity owners are prepping a mega £2bn sale of the parcel delivery firm, according to reports.
FTSE 100 falls even further behind international peers in disappointing start to 2024 February 10, 2024 London markets have posted a weak start to 2024 compared with international peers as investors snub the FTSE indexes for better returns elsewhere.
Business failures are at a 30-year high – but are we past the peak? February 10, 2024 Insolvencies are at their highest rate since 1993, but what does the future look like for small and microbusinesses, asks David Fleming
Inflation set to rise again in January but experts say increase is just ‘a bump in the road’ February 10, 2024 Both City experts and the Bank of England think that headline inflation will rise to around 4.1 per cent in January, having already posted a surprise rise to four per cent in December.
Former Autonomy boss back in court over loss suffered by HP February 10, 2024 Lawyers for the former boss of software firm Autonomy will be back in court on Monday as Hewlett-Packard (HP) seeks damages over losses it suffered.
Super Bowl, Premier League and Six Nations: London’s pubs ready for a very big weekend February 9, 2024 Super Bowl, Premier League and Six Nations: London's pubs ready for a very big weekend
Direct Line looks to recover from torrid 2023 with new chief starting next month February 9, 2024 Winslow will rake in an annual salary of £820,000 and a pension allowance of nine per cent, with additional perks on offer. He will succeed Jon Greenwood, who had served as acting chief executive.
Bank’s Haskel wants ‘more evidence’ of falling inflation before cutting interest rates February 9, 2024 In an interview with Reuters, Haskel said "the signs that we've seen thus far are encouraging. I don't think we've seen quite enough signs yet".
Bank of England staff fed up with ‘rewards’ – despite £25m bonus payouts and inflation botch-job February 9, 2024 Staff at the Bank of England have reportedly taken issue with their salaries, according to an internal survey, as Parliament warns that much bigger pay packages in the private sector could draw away top talent.