1 week 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

1 week 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

1 week ago ‘Rich pickings’ for savers but concerns for mortgage holders as base rate held

About 1.8 million fixed-rate mortgage deals are due to end or have already ended this year.

Politics

1 week ago UK interest rates: What the latest decision means for savings and mortgages and when rates will be cut

“Overall, with an array of moving parts the bank judged back-to-back cuts inappropriate, but there were signals that interest rates will be reduced again later this year”

Economics

1 week 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

1 week ago UK politics live: Badenoch pessimistic about local election chances as interest rates decision expected

Chancellor to lay out plans a week after Labour slashed welfare bill by £5bn

Politics

1 week 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

1 week 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

1 week ago London’s FTSE 100 treads water ahead of US and UK rate decisions

The blue chip index edged 1.43 points higher, or 0.02%, to close at 8,706.66.

Politics

1 week ago Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision

Asian shares are mixed ahead of a decision on interest rates by the U.S. Federal Reserve

Politics

1 week ago FTSE 100 gains as US markets slump ahead of interest rate decisions

The Bank of England and the Federal Reserve are expected to hold interest rates at their respective decisions later this week.

Economics

2 w. ago Bank of England to make interest rates decision this week amid 'fog of uncertainty'

Experts have predicted what they think the Bank of England will do at its next interest rates review

Politics