BankingGoldman Sachs predicts faster interest rate cutsJanuary 4, 2024262Goldman Sachs upgraded its growth forecasts as a result of its new interest rate expectations.The smaller blow to household finances...
BankingThe Bank of England is about to put the final nail in the Tory coffinJanuary 4, 2024120In response, City analysts are forecasting that interest rates will start coming down at least by March, and have already...
BankingWhat does it take to get fired from the Bank of England?December 23, 2023197That was probably not a huge surprise, given that consumers have been hammered by stealth tax rises through the freezing of thresholds,...
MoneyBritish households facing longest wait for interest rate cuts in WestDecember 21, 2023175“Recent data on key indicators of inflation persistence have surprised the projections meaningfully to the downside, and we pull forward...
BankingInflation Fall Piles Pressure on Bank of EnglandDecember 20, 2023150UK consumer price inflation fell more than expected last month, according to data from the Office for National Statistics. CPI...
Cryptocurrency‘We are teachers with no pensions – but £900,000 in Bitcoin’December 14, 2023163There’s no denying cryptocurrencies have done extremely well in 2023 with Bitcoin up around 150pc. So I’m sorry to be...
BankingMortgages fall ahead of Bank of England’s rate decisionDecember 13, 2023203Aaron Strutt, of broker Trinity Financial, said lenders were passing on their falling borrowing costs – which are influenced by...
EconomyI worked for the Bank of England – economic forecasts cannot be trustedDecember 11, 2023125And there’s another, very troubling observation that modellers will be familiar with. If you keep adding possible variables into the...
BankingCBI forecasts no Bank of England rate cuts until at least 2026December 11, 2023178In its latest economic forecasts published today (11 December), the body predicted GDP growth for the UK would average 0.6%...
FinanceBank of England warns private credit poses threat to financial stabilityDecember 6, 202388Sarah Breeden, the Bank’s deputy governor with responsibility for financial stability, said risky corporate lending “is a business model that...