6 d. ago Interest rates live: Bank of England warns surging food prices could push inflation to 4%

Governor Andrew Bailey says there is ‘genuine uncertainty’ about future interest rates

Economics

6 d. ago FTSE 100 LIVE: London stocks slip as Bank of England cuts interest rates

FTSE 100 LIVE: London stocks slip as Bank of England cuts interest rates  uk.finance.yahoo.com

Politics

6 d. ago Interest rates live: Boost for mortgage holders as Bank of England cuts rate for third time this year

Monetary Policy Committee members have voted on a cut down to 4 per cent which will hamper savings but boost the mortgage market

Economics

6 d. ago Bank of England cuts interest rates for fifth time in a year to 4% despite inflation fears: Live updates

LIVE UPDATES: Follow live updates as the Bank of England reveals the new interest rate with many expecting a third cut this year despite fears of lingering inflation.

Economics

6 d. ago Bank of England poised to cut interest rates for fifth time in a year despite fears over sluggish UK economy: Live updates

LIVE UPDATES: Follow live updates as the Bank of England reveals the new interest rate with many expecting a third cut this year despite fears of lingering inflation.

Economics

6 d. ago Interest rates live: Rate cut expected by Bank of England despite inflation and Trump tariffs

Monetary Policy Committee members are likely to vote on a cut down to 4 per cent which will hamper savings but boost the mortgage market

Economics

6 d. ago Interest rates LIVE: Bank of England set to make major cut as economy struggles

Interest rates are set to be slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of borrowing to its lowest level in more than two years

Economics

6 d. ago Interest rates live: Bank of England expected to cut rate for third time this year

Monetary Policy Committee updates and latest business and finance news from Thursday

Politics

3 w. ago Trump calls Fed chair ‘a numbskull’ who ‘makes it difficult for people to buy a house’

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest ratesBusiness live – latest updatesDonald Trump has renewed his attacks on Jerome Powell, calling the US central bank chair a “numbskull” and accusing him of “making it difficult for people, especially the young, to buy a house”.The US president accused Powell of preventing the Federal Reserve from lowering interest rates to make housing more affordable. Continue reading...

Politics

last month Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.Donald Trump’s threat to impose a 30% on European Union imports from next month is weighing on European stock markets this morning.Most of Europe’s markets have dropped at the start of trading, pulling the pan-European Stoxx 600 index down by 0.6%.Inadvertently or otherwise the President is testing the market’s patience. At a time when investors had seemingly brushed aside the likelihood of the base line of tariffs settling at 10%, the new pronouncements suggest a level of between 15% and 20% being the norm, with additionally punitive numbers on the likes of Canada at 35% adding to the uncertainty.The so-called “TACO” trade will therefore be tested again, with markets drifting in the US on Friday and futures currently suggesting a similar fall today. In addition, and as the new 1 August extension approaches, nerves are likely to jangle. Continue readi...

Economics