The Bank of England has kept interest rates unchanged at 3.75%, despite inflation rising to a five-month high and mounting pressure from higher energy prices.
Bank of England Expected to Hold Rates Despite Inflation Rising to 3.1%
The Bank of England is expected to keep interest rates unchanged at 3.75% on Thursday, despite UK inflation rising to a five-month high.
MobilityOne shares surge 42% as shareholders back merger
Shares in MobilityOne Limited (AIM: MBO) surged 42% to 12.50p after the company confirmed that shareholders of its joint venture partner, Technology & Telecommunication Acquisition Corporation (TETE), approved all resolutions
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.
BoE keeps rates on hold at 3.75% after narrow 5–4 decision
Oh wow indeed — that is a really close call from the Bank of England.
Bank of England cuts rates as UK economy stagnates
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
BoE ‘too slow’ on rate cuts as inflation retreats
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
Easing inflation clears path for Bank of England rate cut
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.
FTSE 100 closes higher as tech rebound lifts global markets
London stocks finished firmly higher on Wednesday, recovering from earlier losses as a rebound in technology shares and stronger-than-expected U.S. employment data boosted investor sentiment.
FTSE 100 set to open lower as global markets retreat
The FTSE 100 is expected to open sharply lower on Tuesday, with futures indicating a 40-point drop, as global equity markets extend their cautious tone.
FTSE 100 opens higher as energy and financial stocks gain
The UK stock market opened the week slightly stronger, with the FTSE 100 up 12 points (0.13%) at 9,730 in early Monday trading.
FTSE 100 set for cautious rise as markets eye Bank of England decision
The FTSE 100 is expected to start November slightly higher, with futures indicating a 12-point gain on Monday, as investors brace for a data-heavy week and a finely balanced Bank