This week, the Bank of England is expected to announce its strategy for releasing some of the £895 Billion ($1.1 Trillion) of stimulus that it has provided over the past
Bank of England to Set the Biggest Interest Rate Increase in 27 Years
Three of UK biggest banks forecast to deliver robust profits when they publish half-year results
Three of Britain’s largest banks are expected to report strong profits this week, despite the downturn.
Bank of England warns of biggest interest rate rise in 27 years
Governor Andrew Bailey of the Bank of England suggested that they are poised to announce the largest increase in interest rates in almost 30 years. This was after he rebuffed
Barclays’ profits fall as it raises concerns about the cost of living
Profits at Barclays ( BARC.L), dropped by 7% to £2.2bn, as the lender warned of the difficulties that households and businesses will face during the cost-of-living crisis.
All three banks, Natwest, Lloyds and Barclays are set for huge profit drops
The rising costs of staff are also a concern. This week’s report by Goldman on UK bankers receiving £350,000 in bonuses highlights the problem.
St Brides Partners Weekly Brief, Saturday 26th February 2021
The market is recovering today after rising tensions over Russia and Ukraine caused share prices on the FTSE 100 to drop dramatically on Thursday.
St Brides Partners Weekly Brief, Saturday 27th November 2021
Our neighbours across the pond in North America celebrated their national holiday of Thanksgiving. It is a day to spend with family and loved ones to reflect upon what you
The Bank of England decided to keep interest rates at 0.1pc and defy markets.
Investors were disappointed that the Bank of England held interest rates steady on Thursday. This would have meant it was not the first major central bank to raise rates following
U.K.’s Metro Bank (LON:MTRO) Gets Takeover Interest from Carlyle Group Inc
According to sources familiar with the matter, British lender Metro Bank Plc is being pursued by Carlyle Group Inc. for a takeover.
Banks raise mortgage rates by a third, The Bank of England increase interest rates on Thursday?
In the past few days, many lenders have raised the price of fixed-rate mortgages.
After the Epstein investigation, Jes Staley, chief of Barclays Bank, resigns
After an investigation by the City watchdog into his connections to Jeffrey Epstein, a sex offender, and disgraced financier Jeffrey Epstein, Jes Staley, chief executive of Barclays is resigning.
