13 h. ago US stocks steady after top Fed official signals openness to rate cut

John Williams says there is ‘room for a further adjustment’ in borrowing costs

Politics

14 h. ago US stocks rise after top Fed official signals openness to rate cut

John Williams says there is ‘room for a further adjustment’ in borrowing costs

Politics

15 h. ago US stock futures rise after top Fed official signals openness to rate cut

Wall Street equities slid in previous session amid persistent worries over AI valuations

Politics

58 h. ago Federal Reserve officials ‘strongly’ divided on December rate cut

Minutes from central bank’s October meeting pointed to schism on direction of monetary policy

Politics

68 h. ago FTSE 100 Live 19 November: Inflation dip fuels rate cut bets, WH Smith boss quits

Inflation fell to 3.6% last month as official figures today provided a pre-Budget boost for Rachel Reeves.

Economics

3 d. ago London stocks sink in global rout on Fed rate cut, valuation jitters

London stocks sink in global rout on Fed rate cut, valuation jitters  Reuters

Politics

3 d. ago Crypto market sheds more than $1tn in six weeks amid fears of tech bubble

Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boomBusiness live – latest updatesMore than $1tn (£760bn) has been wiped off the value of the cryptocurrency market in the past six weeks amid fears of a tech bubble and fading expectations for a US rate cut next month.Tracking more than 18,500 coins, the value of the crypto market has fallen by a quarter since a high in early October, according to the data company CoinGecko. Continue reading...

Economics

6 d. ago Wall Street reins in rate cut bets due to inflation concerns

Market expectations of further easing in December have almost halved as a split among Fed officials appears to widen

Economics

7 d. ago Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Politics

8 d. ago UK GDP: Grim figures ‘pave way’ for interest rate cut just days before Christmas

“Suddenly the chances of an interest rate cut before Christmas are on a par with the likelihood of mince pies and syrupy TV ads” – James Bentley, Financial Markets Online

Politics

1 week ago London hit hardest as unemployment reaches highest in a decade outside the pandemic

Grim landmark makes a December interest rate cut from the Bank of England a near certainty

Events

1 week ago FTSE 100 Live 11 November: Index surges 1% to new record, Vodafone dividend cheer

Weaker-than-expected labour market figures today boosted the chances of a December interest rate cut.

Politics

1 week ago FTSE 100 Live 11 November: Index record run continues, pound weakens as jobless rate hits 5%

Weaker-than-expected labour market figures today boosted the chances of a December interest rate cut.

Society

1 week ago London hit hardest as unemployment reaches post pandemic high of 5%

Grim landmark makes a December interest rate cut from the Bank of England a near certainty

Events

2 w. ago Premium Bonds alert for pensioners with holdings as NS&I rates change comes in

The prize fund rate for Premium Bonds has been cut several times this year

Events

2 w. ago Bank of England issues inflation statement as interest rates held at 4 per cent

It was a tight vote - with five members voting to maintain the rate and the other four voting to cut it

Economics

2 w. ago The best savings accounts for your cash in November before an interest rate cut

Always ensure your cash savings are earning above the rate of inflation - currently 3.8%

Economics

2 w. ago Interest rates live: Rate cut decision ‘divides’ Bank of England as Reeves’ Budget looms

The current base rate is 4% but analysts are split over whether another cut is incoming

Economics

2 w. ago Interest rates live: Bank of England to vote on potential cut today

The current base rate is 4% but analysts are split over whether another cut is incoming

Politics

2 w. ago The best savings accounts for your cash before an interest rate cut in November

Always ensure your cash savings are earning above the rate of inflation - currently 3.8%

Economics