Bank of England deputy governor Broadbent says summer interest rate cut ‘possible’ May 20, 2024 The Bank judges that the unwinding of the inflationary shock is likely to be "asymmetric", taking longer to unwind than it did to emerge.
City minister Afolami rounds on regulators and calls to maintain ties with China May 20, 2024 The City minister has doubled down on the government’s collision course with regulators today as he laid out a choice between “high regulatory barriers” and making the Square Mile “competitive” on the global stage.
City helps UK pull ahead of rivals to be Europe’s top destination for investment in financial services May 20, 2024 The UK has extended its lead as Europe's top destination for investment into financial services despite the impact of Brexit, according to a new survey from EY.
Chinese central bank holds rates after authorities unveil historic property sector rescue May 20, 2024 The Chinese central bank maintains its key lending rates following the unveiling of a historic property sector rescue plan by authorities.
FTSE 100 today: London markets set to open higher, echoing global trends May 20, 2024 Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.
Inflation set to return to two per cent target in boost for Bank of England May 19, 2024 The latest UK inflation reading could show a notable fall when it's published this week.
Investors to receive ‘temperature check’ on global economy alongside Nvidia and inflation updates May 19, 2024 Analysts at Deutsche Bank said the surveys would provide "a temperature check on growth across the key economies as perceived inflation risks subside".
The UK economy suffers from low levels of investment? That’s just not true says Deutsche Bank May 18, 2024 Deutsche Bank point out that aggregate investment growth since the financial crisis is second only to the US among G7 economies.
UK a ‘nation of savers’ following surge in inflation, research shows May 17, 2024 Since March 2021, prices have increased by 22 per cent in the UK with a peak annual inflation rate of 11.1 per cent in October 2022.
FTSE 100 today: London markets set for muted opening as global stock rally cools down May 17, 2024 Asian stocks fell as Wall Street's rally faded, oil prices surged. Reddit shares soared. Land Securities' results and EU inflation eyed.