Time for a rate cut surprise: The Bank of England must back UK recovery, says ALEX BRUMMER
The economy stalled in April, which is a misfortune for Rishi Sunak. The failure to grow over the month is...
Banking
Interest rate policy in Canada and US set to diverge
Breadcrumb Trail LinksWorldNewsCanadaBank of Canada announced interest rate cut last week, but U.S. Federal Reserve today kept its rate unchangedAuthor...
Orms gets OK for ‘respectful’ extension of Deutsche Bank’s former UK HQ
The architects will expand the gross internal area of the buidling at 75 London Wall by 40 per cent, taking...
Neobank Starling has tricky path to chart to a tech listing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In fintech, the rising tide of interest rates could lift everyone closer to their IPO. Starling Bank was the first of the UK neobanks to make a profit three years ago and continued the form at results on Wednesday. Profits before tax were £301mn in the year to March and up by half compared with the year before. Net interest income rose 70 per cent. This makes Starling the likeliest of the crop...
Trading212 Launches Market-Leading Flexible Cash ISA At 5.2% – Forbes Advisor UK
12 June: Investment Platform Diversifies With Saving Option Trading212, the app-based trading platform, has launched a cash Individual Savings Account...
Slovakia to help NBG align with EU requirements
Natia Turnava, the Acting Governor of the National Bank of Georgia, on Tuesday said Slovakia’s National Bank would support her...
US Fed pencils in one interest rate cut this year
Article informationAuthor, Charlotte EdwardsRole, BBC Business reporter12 June 2024Updated 52 minutes agoThe US Federal Reserve has signalled that it will...
Starling Group says still committed to future IPO as profits leap
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EU set to partly delay key banking reform, as US drags feet
Brussels will likely be under pressure to boost competitiveness as its politics takes a rightward turn. ADVERTISEMENTJust days after European...
Hedge fund Citadel’s new top UK economist comes from the Bank of England
As government economic policy becomes an increasingly important determinant of market performance, government economists look like particularly useful recruits.Get Morning...
