The FTSE 100 climbed to a record high, buoyed by rising expectations of Bank of England interest rate cuts and strong gains in HSBC shares.
HSBC Profits Fall 14% as Hong Kong Property Slump and Madoff Lawsuit Take Toll
HSBC has reported a 14% decline in third-quarter profits to $7.3 billion (£5.5 billion), as the bank faced a dual setback from the Hong Kong real estate downturn and a
FTSE 100 Lags Wall Street Rally Despite US–China Trade Optimism
The FTSE 100 rose only 0.2% on Monday, trailing gains seen in the US, where optimism over a potential US–China trade deal drove a strong rally on Wall Street.
HSBC Shares Fall as Bank Takes $1.1bn Provision Linked to Madoff Case
HSBC was among the biggest fallers on the FTSE 100 this morning, with shares down almost 2%, after the bank revealed it will take a $1.1bn provision in its upcoming
£12.8bn Wiped Off UK Bank Stocks as US Loan Fears Spark Global Sell-Off
More than £12.8 billion was wiped off the value of UK bank shares on Friday after warnings over bad loans at US regional banks rattled investors worldwide.
FTSE Banks Lose £16bn as HSBC Shifts Focus to Asia and Lloyds Warns on Car Finance Costs
More than £16 billion was wiped off the value of Britain’s largest listed banks after HSBC announced plans to deepen its focus on Asia and Lloyds Banking Group issued a
Bank of England Poised to Keep Rates on Hold
Bank of England Expected to Hold Rates Despite Jobs Market Weakness
Barclays forecasts rate cuts in November and February
Barclays expects the Bank of England to cut interest rates once more this year, followed by another reduction early in 2026.
Bank of England Cuts Interest Rates to 4% in Split Decision
Bank of England Cuts Interest Rate to 4% in Narrow Vote Amid Economic Struggles
At noon today, the Bank of England will announce whether they will cut borrowing costs
With the UK economy faltering, inflation still simmering, and global trade tensions escalating, it’s a challenging moment to be a central banker.
Bank of England Poised to Cut Interest Rates Tomorrow
UK Construction Slump Strengthens Case for Interest Rate Cut
The Bank of England is still expected to make three more interest rate cuts.
Citi Expects Three More Bank of England Rate Cuts This Year