Investment management giant Pimco has issued a stark warning about the potential consequences of a Trump-initiated trade war, suggesting it could push Eurozone interest rates back to “emergency levels” as
Investment management giant Pimco has issued a stark warning about the potential consequences of a Trump-initiated trade war, suggesting it could push Eurozone interest rates back to “emergency levels” as
The Bank of England’s Governor, Andrew Bailey, has indicated that four interest rate cuts are likely in 2025, marking a significant shift in the UK’s monetary policy stance. Speaking at
More than 4.4 million British homeowners are bracing for significant increases in their mortgage payments over the next three years, according to a stark warning from the Bank of England.
The Bank of England has indicated it is unlikely to publish interest rate forecasts from its monetary policy committee as part of its comprehensive operational overhaul. Clare Lombardelli, deputy governor,
The Bank of England’s governor has cautioned that recently implemented business tax increases could potentially delay future interest rate reductions. Speaking to MPs on the Treasury select committee, Andrew Bailey
The Bank of England stands ready to implement its second interest rate reduction of the year, with economists widely expecting a cut to 4.75 per cent at Thursday’s meeting. The
The Federal Reserve appears ready to implement a quarter-point reduction in its benchmark policy rate next week, maintaining its strategic direction despite a skewed employment report and clouded economic policy
The pound is expected to become one of the top-performing major currencies in 2024, according to leading American investment banks. Analysts predict that sterling will reach a four-year high of
The UK housing market is gearing up for a bustling autumn season, fueled by the Bank of England’s recent interest rate cut, the first since the onset of the Covid-19
The Norwegian krone has been the subject of much concern lately, as its dramatic decline against major currencies like the US dollar and euro has left politicians, businesspeople, and consumers
The UK economy grew by 0.6 percent in the second quarter, according to the latest figures from the Office for National Statistics (ONS). This marginal slowdown compared to the previous
The UK labour market has presented a mixed picture in the second quarter of the year, with the unemployment rate unexpectedly falling and wage growth slipping to a two-year low.
The Bank of England should exercise caution when considering lowering interest rates too quickly, according to Catherine Mann, a member of the Bank’s Monetary Policy Committee (MPC). In an appearance
Just Group, a prominent UK life insurer, has announced that it anticipates “substantially exceeding” its full-year profit target following a significant increase in corporate pension deals. This news comes as
The UK’s labour market has shown mixed signals, with wage growth hitting its lowest rate in nearly two years, while the unemployment rate unexpectedly fell, according to the latest data
The UK economy is bracing for a potential uptick in inflation, mere weeks after the Bank of England’s decision to lower interest rates for the first time in over four






