6 h. ago Bank of England expected to leave interest rates on hold today; global debt exceeds $100tn – business live

Monetary Policy Committee set to announce interest rate decision at noonIn the property world, Norway’s sovereign wealth fund is buying a quarter of Covent Garden.The Norges Bank Investment Management has entered a partnership with landlord Shaftesbury, and will pay £570m for a 25% stake in the Covent Garden estate.This investment underscores our belief in the strength of London with the portfolio complementing our other high quality West End investments.Covent Garden is one of the world’s most recognised retail, leisure and cultural destinations and we look forward to supporting Shaftesbury Capital’s management team, with their strong track record of delivering the growth potential of this prime West End estate.”“The reforms I have announced will ensure everyone who can work gets the active support they need, including through an extra £1 billion for personalised health, skills and employment support for sick and disabled people.“We’ve already put in place measures to make work pay...

Economics

7 h. ago Bank of England set to snub pleas for interest rate cuts TODAY amid 'Stagflation' fears

The Monetary Policy Committee is widely expected to keep the base rate on hold at 4.5 per cent when its decision is announced at noon.

Politics

14 h. ago Bank of England set to keep interest rates on hold as global uncertainty grows

The Bank of England’s Monetary Policy Committee (MPC) is widely expected to keep interest rates on hold on Thursday.

Politics

21 h. ago Powell acknowledges ‘uncertainty’ as Fed juggle growth and inflation risks

Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this year

Economics

3 d. ago Interest rates set to stay at 4.5% as Bank of England faces ‘fog of uncertainty’

The Bank’s Monetary Policy Committee has been gradually cutting borrowing costs since August last year.

Politics

4 d. ago US shoppers tighten their belts as economic outlook concerns mount

Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economy

Economics

3 w. ago Discontented Germany votes in an election with economy, migration and far

German voters are choosing their new government in an election dominated by worries about the years-long stagnation of Europe’s biggest economy, pressure to curb migration and growing uncertainty over the future of Ukraine and Europe’s alliance with the United States

Politics

last month Bank of England chief says UK facing ‘weak growth environment’

Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global growth.

Politics