5 d. ago Next UK interest rate cut may not come until August after hawkish Bank of England hold – as it happened

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%Bank of England says companies freezing hiring plans as it keeps interest rates on holdIn 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 employ...

Politics

5 d. ago Next UK interest rate cut may not come until August after hawkish Bank of England hold – business live

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%Bank of England says companies freezing hiring plans as it keeps interest rates on holdIn 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 employ...

Economics

5 d. ago Bank of England leaves interest rates on hold despite ‘intensifying’ trade war uncertainty – business live

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%In 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 ...

Economics

5 d. ago Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden

Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum siteBusiness live latest updatesNorway’s sovereign wealth fund, the world’s biggest, has made a fresh bet on the future success of central London as the country’s investment vehicle struck a £570m deal to buy a quarter of the Covent Garden estate.Norges Bank Investment Management (NBIM), which manages $1.8tn (£1.4tn) and invests government money from the oil industry, announced on Thursday that it had bought the 25% stake in the £2.7bn Covent Garden property portfolio of the landlord Shaftesbury Capital. Continue reading...

Economics

5 d. 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

5 d. ago World's largest sovereign wealth fund invests $740 million in London's Covent Garden

World's largest sovereign wealth fund invests $740 million in London's Covent Garden  CNBC

Economics

5 d. ago Norway’s oil fund strikes £570mn deal to buy quarter of Covent Garden

Norges Bank Investment Management makes fresh bet on fortunes of UK capital’s retail and leisure district

Economics

5 d. ago Norway sovereign wealth fund buys 25% stake in London property portfolio By Reuters

Norway sovereign wealth fund buys 25% stake in London property portfolio By Reuters  Investing.com

Economics

5 d. ago Norway sovereign wealth fund buys 25% stake in London property portfolio

Norway sovereign wealth fund buys 25% stake in London property portfolio  Reuters.com

Economics

9 d. ago Newcastle fans flood Covent Garden ahead of Carabao Cup final at Wembley

Newcastle fans flocked to Covent Garden, London, surrounding the piazza ahead of the Carabao Cup final against Liverpool on Sunday, 16 March, at Wembley Stadium.

Events

9 d. ago I was in Covent Garden as Newcastle United fans took over London but this time it felt different

I was in Covent Garden as Newcastle United fans took over London but this time it felt different  Chronicle Live

Politics

1 week ago Newcastle United Carabao Cup LIVE: NUFC fans party in Covent Garden as London turns black and white

Newcastle United Carabao Cup LIVE: NUFC fans party in Covent Garden as London turns black and white  Chronicle Live

Society