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 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.
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.
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.
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.
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
The AIM All-Share Index fell 4 points to 770.58 on Friday, underperforming the FTSE 100, which has enjoyed a strong week but ended the session 42 points lower at 9,717
Barclays has become the latest major institution to forecast that the Bank of England will cut interest rates next week, arguing that the City is underestimating the likelihood of a
UK stock markets closed lower on Friday, easing back after a record-breaking October rally as investors adopted a more cautious stance ahead of the Bank of England’s monetary policy decision
Goldman Sachs now expects the Bank of England to cut interest rates at next week’s meeting, reversing its post-September view and diverging from broader City expectations of no change. Swap
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.