75 m. ago London stocks rise after Fed cuts rates as expected; focus on Bank of England By Reuters

London stocks rise after Fed cuts rates as expected; focus on Bank of England By Reuters  Investing.com

Politics

86 m. ago London stocks rise after Fed cuts rates as expected; focus on Bank of England

London stocks rise after Fed cuts rates as expected; focus on Bank of England  Reuters

Politics

1 hour ago FTSE 100 Live 18 September: Next shares fall on UK caution, Pets at Home warns on profit

The boss of Next today issued a stark warning to Rachel Reeves about “anaemic” economic growth and a slump in employment.

Events

3 h. ago FTSE 100 Live 18 September: Next economy warning, Pets at Home shares slide

The boss of Next today issued a stark warning to Rachel Reeves about “anaemic” economic growth and a slump in employment.

Events

3 h. ago FTSE 100 Live 18 September: Next economy warning, interest rate decision due

The boss of Next today issued a stark warning to Rachel Reeves about “anaemic” economic growth and a slump in employment.

Events

4 h. ago Interest rates live: Bank of England expected to vote for hold at 4% amid ongoing inflation concerns

MPC vote latest along with stock market news plus business and finance updates from Thursday

Economics

5 h. ago Will interest rates go down today? The key factors for the Bank of England and 2025 predictions

Experts anticipate no change with the rate currently at 4%

Politics

17 h. ago Federal Reserve cuts interest rates for first time in nearly a year, from 4.25% to 4% – live updates

Quarter point reduction comes amid concern of political pressure on the independent central bank from the Trump administrationIn economic projections released after the Fed’s rate-cute decision, members of the Fed’s board submitted their economic predictions for the economy over the next few years.A slight majority of board members seem to expect another rate cut by the end of the year, while a majority see more rate cuts in 2026. Board members are predicting a slight increase in unemployment, though they seem to think that inflation will largely cool in 2026 and 2027. Continue reading...

Politics

21 h. ago UK interest rates set to be held at 4% as inflation ‘uncomfortably high’

Most economists are expecting the Bank of England to keep rates unchanged on Thursday.

Economics

25 h. ago Will interest rates go down tomorrow? The key factors for the Bank of England and 2025 predictions

Experts anticipate no change with the rate currently at 4%

Politics

25 h. ago Inflation holds steady but soaring price of beef, coffee and chocolate drives up food bills

The rate remained unchanged in the year to August, in line with economist expectations

Economics

26 h. ago Inflation holds steady but soaring prices of beef, coffee and chocolate drive up food bills

The rate remained unchanged in the year to August, in line with economist expectations

Economics

27 h. ago UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; Bank of England expected to keep interest rates on hold on ThursdayAt 3.8%, the latest UK inflation data certainly isn’t welcome news for the Bank of England ahead of its decision on Thursday, where it’s widely expected to leave rates on hold, said James Smith, developed markets UK economist at ING.Yet the latest data doesn’t dramatically move the needle one way or another on the prospect of a further rate cut later this year.Inflation is more or less at a peak, though it’s likely to stay in the 3.5-4% area for the rest of this year.However, we think there is still scope for services inflation to undershoot the Bank’s forecasts further in the next release for September. And more broadly, we are seeing a significant easing in rental growth, which is set to be a significant source of service sector disinflation over the coming months.If we’re right about that, it would tip the balance ...

Economics

28 h. ago Barratt cautions over ‘limited growth’ as tax hike fears weigh on buyer demand

The housebuilding giant said the upcoming Budget on November 26 has added ‘additional risk’ to the outlook.

Economics

29 h. ago UK inflation level announced ahead of Bank of England interest rates decision

Inflation shows how the price of goods and services have changed over time, with the Consumer Price Index (CPI) being the main measure

Economics

30 h. ago Labour must rethink growth strategy to curb rise of far right, says top economist

Former Bank chief economist Andy Haldane says left-behind communities need investment to stem populist tideDefeating far-right populism will require Labour to radically overhaul its “arid” approach to raising living standards in left-behind communities, the former Bank of England chief economist has said.Andy Haldane warned that Labour’s growth plans were failing to support parts of the country where voters feel neglected and disenfranchised. Continue reading...

Politics

50 h. ago What do jobs market wobbles mean for the Bank of England's next interest rates decision?

Fresh data on the state of Britain's job market provided a fresh headache for the Bank of England as it prepares for its latest decision on interest rates this week.

Economics

69 h. ago Preparing for the Bank of England’s big, unpredictable gilt sales decision

QT pageant

Economics

2 d. ago US agrees commercial terms on TikTok sale, as Trump says China talks went ‘very well’ – business live

Rolling coverage of the latest economic and financial news, as Beijing escalates its inquiry into Nvidia over takeover of Mellanox Today’s warnings about higher food prices coming in the UK are likely to cause fresh worries about how long borrowers will have to wait until Bank of England policymakers vote for another cut, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown.Streeter adds:They are set to leave the base rate unchanged on Thursday and aren’t expected to make a move until next Spring.The Food and Drink Federation is forecasting food inflation could reach 5.7% by the end of December and still be running at 3.1% by the end of 2026. Higher employer and packaging taxes are being blamed for increasing costs for companies, which they can no longer absorb.“I’m delighted that we are on track to deliver yet another period of double-digit revenue growth and a strong profit performance, whilst maintaining our globally leading customer service standards.Our s...

Politics

3 d. ago First annual drop in UK house asking prices since January 2024

Rolling coverage of the latest economic and financial newsToday’s warnings about higher food prices coming in the UK are likely to cause fresh worries about how long borrowers will have to wait until Bank of England policymakers vote for another cut, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown.Streeter adds:They are set to leave the base rate unchanged on Thursday and aren’t expected to make a move until next Spring.The Food and Drink Federation is forecasting food inflation could reach 5.7% by the end of December and still be running at 3.1% by the end of 2026. Higher employer and packaging taxes are being blamed for increasing costs for companies, which they can no longer absorb.“I’m delighted that we are on track to deliver yet another period of double-digit revenue growth and a strong profit performance, whilst maintaining our globally leading customer service standards.Our strategy as set out at our full year results is working and we have an exc...

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