IMF warns that the gap between the US and European gross domestic products will widen by the end decade. It also sounded the alarm over the “lack” of business dynamism
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Rachel Reeves, at the International Monetary Fund will announce a plan for changing Britain’s debt regulations that will allow the government to spend an additional £50bn on infrastructure projects. After
The UK’s largest mortgage lender, which is also the country’s largest bank by assets, has raised its expectations for house prices to rise this year. It has also posted a
The Bank of England Governor said that the UK must continue to experience a decline in the price of services from its current level. Andrew Bailey, speaking after the BoE’s
The International Monetary Fund warned that the tariffs proposed by Donald Trump, the US presidential candidate, could harm global growth and upgraded its forecasts for the UK’s economy. The Washington-based
Halfords Group warns that consumers are delaying purchases of expensive items due to the uncertainty surrounding the economy, and the upcoming tax changes in next week’s budget. Like-for-like, the retailer
The government has borrowed more than official estimates by £6.6 billion this year. This shows the fiscal squeeze facing Rachel Reeves ahead of the next budget. The Office for National
The International Monetary Fund has given the UK one of the largest growth upgrades of any advanced country this year. This is a great boost for chancellor Rachel Reeves as
Gold’s price has continued its strong rally, and reached a new high. Investors have flocked to gold as a safe-haven asset amid the expectation of more interest rate cuts by
Goldman Sachs forecasts that the Bank of England will cut interest rates faster than investors expect over the next 12 months. Researchers from the Wall Street Investment Bank said that
Aim has had a gruesome few weeks. The junior share market, which is lightly regulated and houses 700 British listed companies, is a place of horrors. Rachel Reeves’ budget, due
An engineering bosses’ group forecast that a well-executed Industrial Strategy could spark billions of pounds in investment to bring manufacturing back to Britain. According to a survey conducted by Make
The European Central Bank has reduced its interest rates for the first time in over a decade. It has lowered its key rate 25 basis points to help support a
The Bank of England has predicted that the base rate will be further reduced this year due to a larger-than expected fall in consumer price inflation. This is good news
Goldman Sachs profit increased by 45 percent to $3 billion, the best quarter in equities since 2021. This is a sign of optimism for the strength and stability of the
A cabinet minister said that Elon Musk could be invited to future UK investment summits, provided he has investment programs the UK can bid for. This was before a major