The Independent: “Andy Burnham, the new prime minister, has not ruled out a 10 per cent “death tax” on all estates to fund his proposed social care reforms. Mr Burnham is
Barclays Launches £200 Bank Switch Bonus as Competition Heats Up
Barclays has launched a new £200 current account switching incentive, placing it alongside some of the most competitive offers currently available in the UK banking market.
Bank of England may restart rate cuts in fourth quarter
The Bank of England could begin cutting interest rates in the fourth quarter of 2026 if energy market pressures ease, according to Andrew Wishart of Berenberg.
Bank of England likely to keep rates steady at 3.75%
The Bank of England is widely expected to hold interest rates at 3.75% at today’s policy announcement, as policymakers take a cautious stance amid escalating tensions in the Middle East.
RNS Hotlist with Zak Mir: BARC, EPP, AJAX, ZEN, ECOB, SCLP, PHE, MILA, GENF, HDD & GNIP
Alliance News: Barclays (BARC) reported first-quarter pretax profit rises 3% to GBP2.81 billion from GBP2.72 billion a year before, as total income increases 6% to GBP8.16 billion from GBP7.71 billion.
Bank of England flags risk of downturn in global stocks
Sarah Breeden has warned that investors should be prepared for a potential correction in global equity markets, citing elevated valuations and mounting risks.
Markets see Bank of England more likely to raise rates
The Bank of England is increasingly likely to raise interest rates this year rather than hold them steady, according to economists at Pantheon Macroeconomics.
FNZ Shareholders Launch 3.5bn Legal Challenge Against Private Equity Ownership
A significant legal dispute has emerged at London-based financial software firm FNZ, with hundreds of employee shareholders initiating a £3.5 billion class-action lawsuit against the company and 17 of its
Oil price spike fuels bets on rising interest rates
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
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.
Rate cut in March firmly on the table, Barclays says
Barclays said there is a “strong case” for the Bank of England to cut interest rates next month following further signs of economic weakness.
Executive Pay Surges at UK Banks Despite Mass Branch Closures
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.