FTSE 100 Live: UK banks ‘safe and sound,’ FTSE rebounds after Credit Suisse crisis
City Comment: Everyone take a deep breathFifteen years ago last September the news was dominated by pictures of folk queuing...
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Mortgages to get more expensive because Bank of England ‘messed up’ on inflation
Mortgage costs are likely to rise because the Bank of England “messed up" on inflation and remains behind the curve...
What is a recession? UK narrowly avoids one despite flatlining economy
The UK economy expanded by 0.3 per cent in January, which was better than predicted, according to data released today...
What Does The Bank Of England’s Latest Announcement Tell Us About The Economy?
The Bank of England has just announced that it is raising interest rates from 3.5% to 4%.The news offers some...
Business chiefs clamour for action after Bank of England governor gives upbeat verdict on economy
Rishi Sunak faced fresh pressure to cut taxes last night after the Bank of England said Britain had ‘turned a...
In 2023, Central Banks Will Have to Battle Inflation Amid Political Obstacles
Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask...
Inflation, Interest Rates Sway Currency Trajectory
The updates on inflation and the response of central banks tasked with taming it, shaped currency market sentiment for much of the week ended December 16. Inflation readings were released from the U.S., Euro Zone, U.K., Germany, France, etc., whilst the Federal Reserve, European Central Bank, Bank of England, Swiss National Bank etc., announced interest rate hikes.Markets began last week with heightened anxiety over how much cooler, inflation would be in the U.S. and major economies. It responded to the data showing easing price-pressures by building up expectations of a...
Andrew Bailey splits with Europe and US by suggesting inflation has peaked
Lenders began putting up variable rate mortgage costs to reflect the rise, with Barclays raising the rate on two of...
Bank of England seeks digital currency mobile wallet developer
A tender was posted on the UK government website last week, seeking an indicative budget of £200,000 for the wallet,...
The UK economy is estimated to have grown 0.5% in October, according to data from the Office for National Statistics.
This was a reversion of the 0.6% fall seen in September, a month which was impacted by the additional bank...
