The FTSE 100 extended its losing streak to a fifth consecutive session on Friday, falling 22.56 points, or 0.2%, to close at 10,750.11, as weakness among miners and pharmaceutical heavyweights
The FTSE 100 extended its losing streak to a fifth consecutive session on Friday, falling 22.56 points, or 0.2%, to close at 10,750.11, as weakness among miners and pharmaceutical heavyweights
London stocks suffered a sharp sell-off on Friday, with the FTSE 100 recording its worst session since the outbreak of the Iran conflict. The FTSE 100 closed down 1.9%, with major utilities
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.
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.
Sarah Breeden has warned that investors should be prepared for a potential correction in global equity markets, citing elevated valuations and mounting risks.
The Bank of England is increasingly likely to raise interest rates this year rather than hold them steady, according to economists at Pantheon Macroeconomics.
The FTSE 100 recorded its sharpest weekly decline in eleven months. The benchmark index closed 129 points lower on the day at 10,284, a fall of 1.24%.
Oh wow indeed — that is a really close call from the Bank of England.
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.
Rachel Reeves is expected to raise taxes by around £30bn as she prepares to lift the two-child benefit cap, according to new forecasts from Goldman Sachs.