Bank of England to leave interest rates on hold as UK economy teeters on brink of recession January 29, 2024 The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.
Here’s a wacky thought for both major parties: End the parade of prohibitions January 29, 2024 Labour and the Tories have decided that electoral success lies in more rules, heavier burdens and tighter strictures. But what if they’re wrong, asks Eliot Wilson Whether the impending general election results in a large or a small Labour victory, or even some other outcome altogether, almost everyone can agree glumly that it will not [...]
Shipowners and traders gear up for legal clashes over Red Sea conflict January 28, 2024 The shipping industry is gearing up for legal clashes over who is liable for costs and damages incurred when transiting the Red Sea.
Central banks to take centre stage in busy week for markets January 28, 2024 Central banks will be back in focus this week with investors awaiting rate decisions from both the US Federal Reserve and the Bank of England.
Mortgage rates war: As sub-four deals appear on the market, how low will they go? January 27, 2024 Britain's mortgage price war has shown signs of slowing as macroeconomic uncertainty casts doubt on the outlook for interest rate cuts and a wider rebound.
Start-up backlash: Treasury looks to soften controversial rule change after fury from investors January 26, 2024 The City minister is set to meet top start-up groups next week to discuss softening its controversial investing rule changes, after a backlash from the industry and pressure from another government department.
Yeo Valley makes plans to weather UK recession after returning to profit January 26, 2024 Yoe Valley returned to the black as its turnover surged passed the £300m mark during its latest financial year, recently-flied documents have revealed.
Fed’s preferred measure of inflation slowed in December – how will this impact rates? January 26, 2024 US core personal consumption expenditure (PCE) inflation, the Federal Reserve’s preferred measure of inflation, fell to 2.9 per cent in December, below expectations of three per cent and down from 3.2 per cent in November. PCE inflation differs from the traditional measure of inflation, the consumer price index (CPI), by including a wider scope of [...]
Knightsbridge and Chelsea hail bumper Christmas thanks to swanky shoppers splashing cash January 26, 2024 Swanky shops and restaurants around Knightsbridge and Chelsea enjoyed a bumper Christmas, helped by affluent customers splashed the cash on London’s Kings Road.
400 RMT workers at Hitachi to strike on Saturday until 1 February January 26, 2024 The RMT union, which is run by Mick Lynch, said its members on the route will walk out for five days, starting on the weekend.