Bank of England’s Bailey: Interest rate cuts not on the horizon March 19, 2026 The Bank of England’s Andrew Bailey has ruled out the prospect of any interest rate cuts in the near future, warning that the sustained conflict in the Middle East constitutes a major shock to energy supply that could leave long-term scars on the British economy. In an interview with LBC set to air on Thursday [...]
‘Confidence exits UK economy’: FTSE 100 dips below 10,000 mark March 19, 2026 The FTSE 100 dipped below the 10,000 mark as stocks plunged on Thursday on fears the war in the Middle East was set to bring regional energy production to a halt. Traders sold off assets en masse over the course of the day, with the FTSE 100 falling by some 2.5 per cent amid turmoil [...]
Borrowing costs surge as market bets on future Bank of England rate hikes March 19, 2026 The government’s short-term borrowing costs climbed to their highest level in more than a year on Wednesday, after the Bank of England announced a unanimous decision to hold its central interest rate. Traders aggressively pared back bets of future rate cuts on the news that the ongoing conflict in the Middle East led all nine [...]
Bank of England holds interest rates in unanimous decision March 19, 2026 Interest rates have been held as policymakers at the Bank of England warned the war in Iran could send prices spiralling as soon as April. Members of the Monetary Policy Committee (MPC) left interest rates unchanged at 3.75 per cent, with guidance to cutting rates in upcoming meetings now being dropped altogether. Several policymakers, including [...]
TITAN Group: Full Year Results 2025 March 19, 2026 Very strong performance delivers another record year
Oil and gas prices surge after Trump threatens to ‘blow up’ Iran energy site March 19, 2026 The surging price of oil and gas rocked markets this morning as tensions across the Middle East continued to spike fears of an energy crisis. Brent crude – the international benchmark for oil – hit $113 this morning, one of the highest levels since the conflict broke out three weeks ago. Meanwhile the price of [...]
UK job market weakens as economy set to worsen March 19, 2026 The jobs market failed to provide more positive signs for the UK economy as official data suggested that fewer postings were available for job seekers. An estimate published on Thursday showed that the number of payrolled employees dropped by 49,000 in February while data showed a small rise in January. The Office for National Statistics [...]
Bank of England Live: Interest rates held in first unanimous vote in eight years March 19, 2026 Welcome back to City AM‘s ongoing coverage of the interest rates decision. Interest rates have been held as rate-setters at the Bank of England warned the war in Iran could send prices spiralling as soon as April. In the first totally unanimous vote in eight years, all members of the Monetary Policy Committee voted to [...]
Google and Apple can give Team GB Lottery-like boost up medal tables March 19, 2026 It took John Major’s National Lottery brainwave to turn GB into an Olympic and Paralympic force but Big Tech could do the same, argues Ed Warner. With Milan Cortina a wrap, British athletes have completed a full set of post-Covid Olympics and Paralympics, both Summer and Winter, in 21 months. A solitary silver medal from [...]
Why are investors rushing to get out of private credit? March 19, 2026 The private credit industry has been thrown into chaos over the last few months, as powerhouse firms continue to deal with a rise in investors seeking to withdraw their money. A number of debt funds managed by firms agreed to lift redemption requests after mounting pressure from customers, and the pressure is not expected to [...]