Happening today: Bank of England expected to hold interest rates December 14, 2023 The Bank of England is expected to hold interest rates for the third time in a row, as fresh data has pointed towards potential cracks in the economy. Today, its Monetary Policy Committee (MPC) will meet for the final time this year to vote on interest rates – which help dictate mortgage rates set by [...]
Ed Warner: Sport leaders need open minds to grapple with entertainment age December 14, 2023 Have I gone from yuppie embracer of innovation to risk-averse lover of the scene, wonders our columnist?
TfL savings target upped to £650m amid concerns over ‘managed decline’ December 14, 2023 Transport for London must find £650m in savings by 2025/26, according to its draft business plan and amid calls for a funding arrangement.
Right now, this Conservative party has no right to a single vote December 14, 2023 One would hope that growth figures revealing the economy was shrinking would serve as a wake up call to our political overlords. After all, governments do not tend to win elections when the economy is in reverse gear. What did we get instead from the Conservative Party yesterday? More infighting and some asinine tweets from [...]
Federal Reserve hold rates for third time but hints at future cuts December 13, 2023 The US Federal Reserve has kept interest rates on hold for a third time in a row, as “inflation has eased over the past year but remains elevated”. The announcement from the Federal Open Market Committee (FOMC) today sees the federal funds rate remain between 5.25 per cent and 5.50 per cent, its highest level [...]
Scrap triple lock and reform state pension, Jeremy Hunt urged in major IFS report December 13, 2023 IFS warns the ‘triple lock’ “ratchets up the value of, and spending on, the state pension over time in a way that creates uncertainty"
GDP falls sharply in October as UK economy recession fears re-ignite December 13, 2023 GDP fell 0.3 per cent in the month of October, reigniting fears that a wave of interest rate hikes have strangled UK growth.
The Notebook: Michael Martins on why Labour must face up to a Trump presidency December 13, 2023 Michael Martins, former US Embassy London political and economic specialist, on the Labour party, Donald Trump and reaching for the stars.
US inflation: Consumer prices unexpectedly rise in November as Fed likely to hold rates December 12, 2023 Core prices, excluding volatile items like food and energy costs, also came in line with economists' expectations, rising four on an annual basis.
Why Brentford FC are refunding fans for Christmas December 12, 2023 Brentford also have some of the lowest ticket prices in the Premier League.