The Bank of England may be forced to raise interest rates later this year as surging oil prices raise fears of a renewed inflation shock.
The Bank of England may be forced to raise interest rates later this year as surging oil prices raise fears of a renewed inflation shock.
Traders have increased bets on a Bank of England interest rate cut in March after UK inflation fell to its lowest level in 10 months.
Barclays said there is a “strong case” for the Bank of England to cut interest rates next month following further signs of economic weakness.
Chief executives at three of Britain’s largest banking institutions have received substantial compensation packages totalling £29 million whilst their organisations continue to accelerate the closure of physical branch networks.
Oh wow indeed — that is a really close call from the Bank of England.
US equity markets are poised to open sharply lower later today following reports that US prosecutors have launched a criminal investigation into Jerome Powell, the Chair of the Federal Reserve.
For some, the festive period is a chance to reflect on the year just gone. For others, it is a moment to start positioning for what comes next.
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
UBS has maintained its constructive view on the European banking sector as it approaches 2026, keeping Barclays PLC on its roster of preferred buy-rated stocks. The broker argues that the
London stocks look set for a modest lift as trading resumes with a calmer tone following Wednesday’s Budget and the Thanksgiving break in the US.