BankingBritain at risk of recession as growth revised downDecember 22, 2023145Barclays believes rates will fall to 3.25pc by early 2025.The growth figures reveal the impact of high interest rates on...
FinanceIs a recession coming in the UK, what does it mean and how to protect you savings and investmentsDecember 22, 202362Ashley Webb, UK economist at Capital Economics, said: “Whether or not there is a small recession, the big picture is...
EconomyThe West is sleepwalking into an economic catastrophe in the Red SeaDecember 21, 202385Earlier this week, the Pentagon announced the commencement of Operation Prosperity Guardian. The plan seems to be that a combined...
MortgagesDanish energy giant to build world’s largest offshore wind farm off UK coastDecember 20, 202368Thanks for joining me. Money markets and analysts will shortly deliver their reaction to official data showing inflation fell more...
BankingInflation Fall Piles Pressure on Bank of EnglandDecember 20, 2023122UK consumer price inflation fell more than expected last month, according to data from the Office for National Statistics. CPI...
EconomyBoost for holidaymakers as pound set to hit $1.35 next year, say economistsDecember 19, 2023130Britain is at risk of a major economic downturn next year according to one of the world’s biggest active bond...
EconomyFarfetch rescued by Korean e-commerce giant in £395m dealDecember 18, 2023101Octopus Energy has boosted its valuation to $8bn (£6.3bn) after raising $800m from investors.Britain’s second-largest gas and electricity supplier said...
EconomyThe world economy is far more resilient than pessimists made outDecember 17, 202386Yet the overwhelming reason for this was the fallback in global energy and commodity prices. By contrast, many of the...
EconomyTalk of interest rate cuts ‘premature’, says US Fed deputyDecember 15, 20231565 things to start your day 1) Sunak risks clash with Bailey as Britain teeters on the brink of recession |...
BankingPound jumps as Bank of England warns no interest rate cuts coming soonDecember 14, 2023174Vladimir Putin’s war on Ukraine is putting Russia’s economy under “considerable strain”, as Moscow grapples with galloping inflation, a tumbling...