NatWest Group (LON: NWG) has cut 1,000 jobs over the past three months as the banking giant accelerates its adoption of artificial intelligence, bringing total workforce reductions to 1,400 so
Barclays profits rise 12% to £2.3bn as bank announces £500m share buyback
Barclays PLC (LON: BARC) has reported a 12% increase in third-quarter pre-tax profit to £2.3 billion and announced a further £500 million share buyback, supported by higher income, stronger UK
Bank of England tipped to raise interest rates in November
The Bank of England is expected to raise interest rates in November and February as stronger-than-expected UK economic growth reduces concerns that higher borrowing costs could undermine economic activity, according
Bank of England Holds Rates at 3.75% as Bailey Warns Hikes May Be Needed
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.
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 tipped to edge higher as Budget dust settles and US markets return
London stocks look set for a modest lift as trading resumes with a calmer tone following Wednesday’s Budget and the Thanksgiving break in the US.
FTSE set for muted open as Budget verdict sinks in
The FTSE 100 looks poised for a hesitant start on Thursday as investors continue to digest the implications of Labour’s first Budget, with initial enthusiasm giving way to more cautious