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BOE Warns of Risks With Private Asset Values Shrouded in Secrecy: The Bank of England is concerned about the ways that private equity giants value their holdings ...
bloomberg.com/news/articles/2024-04-22/boe-warns-of-risks-with-private-asset-values-shrouded-in-secrecy
UK Recovery From Recession Gains Momentum as PMI Beats Forecast: The UK economy’s recovery from recession unexpectedly gathered pace at the start of the second ...
bloomberg.com/news/articles/2024-04-23/uk-recovery-from-recession-gains-momentum-as-pmi-beats-forecast
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
The Met has made mistakes – stopping Gideon Falter crossing the road is not one of them
inews.co.uk/opinion/met-mistakes-gideon-falter-crossing-road-not-one-3018434
BOE Chief Economist Huw Pill Says He’s Cautious on Interest Rate Cuts: Bank of England Chief Economist Huw Pill said he’s erring on the side of caution in ...
bloomberg.com/news/articles/2024-04-23/boe-chief-economist-says-uk-is-getting-closer-to-rate-cuts
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts: UK’s blue-chip index rises to 8,076, surpassing previous high of 8 ...
theguardian.com/business/2024/apr/23/ftse-100-hits-record-high-shares-interest-rate-cuts
Egypt to Get UK Budget Support to Top Off $57 Billion Global Aid: Egypt expects to get $400 million in budget support from the UK over two years ...
bloomberg.com/news/articles/2024-04-22/egypt-to-get-uk-budget-support-to-top-off-57-billion-global-aid
Pfizer vs Moderna battle over COVID vaccine patents begins in UK: Pfizer and BioNTech asked a London court to revoke rival Moderna's patents over technology key ...
reuters.com/business/healthcare-pharmaceuticals/pfizer-vs-moderna-battle-over-covid-vaccine-patents-begins-uk-2024-04-23/
FTSE 100 Live: What's Moving UK Markets, Right Now
bloomberg.com/news/live-blog/2023-12-15/what-s-moving-uk-markets-right-now-markets-today
What are the new post-Brexit border controls starting on April 30?: On April 30, the second phase of Britain's new post-Brexit border controls for food imports ...
reuters.com/world/europe/what-are-new-post-brexit-border-controls-starting-april-30-2024-04-22/
UK budget deficit for 2023/24 overshoots official forecast: Britain's government borrowed more than expected in March, capping the 2023/24 financial year with a ...
reuters.com/world/uk/uk-public-borrowing-119-billion-pounds-march-2024-04-23/
UK businesses expand at fastest pace in 11 months, PMI survey shows: British businesses recorded their fastest growth in activity in nearly a year this month ...
reuters.com/world/uk/uk-businesses-expand-fastest-pace-11-months-pmi-survey-shows-2024-04-23/
Europe's bank earnings to offer interest rate reality check: Investors should get a clearer picture this week of whether higher interest rates are still boosting ...
reuters.com/business/finance/europes-bank-earnings-offer-interest-rate-reality-check-2024-04-22/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
‘I’ll be happy on the UK state pension in Italy, a glass of wine is just £2.50’: Linda Winter sold her £250K property in Plymouth and bought a 150-square-metre ...
inews.co.uk/news/world/happy-uk-state-pension-italy-3015869
UK mulls fresh controls on 'sensitive tech' after China cyber attack claim: Britain is exploring new curbs on China's access to "sensitive ...
thenextweb.com/news/uk-sensitive-tech-china-cyberespionage
UK Exports Fewer Goods After Brexit, Tilting Economy to Services: The UK is still exporting fewer goods than before Brexit, as the economy becomes more reliant ...
bloomberg.com/news/articles/2024-04-22/uk-exports-fewer-goods-after-brexit-tilting-economy-to-services
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UK rental costs rise at record 9.2% : Official figures highlight impact of higher borrowing costs on landlords and tenants
ft.com/content/5ec2740e-5c23-4440-a798-fc5198745d50
Britain's anti-greenwashing rule for finance takes effect on May 31: Britain's financial regulator confirmed on Tuesday that its new bespoke rule to combat ...
reuters.com/sustainability/sustainable-finance-reporting/britains-anti-greenwashing-rule-finance-start-may-31-2024-04-23/
Migrants drown in Channel, Sunak says nothing will stop Rwanda policy: Five people, including a child, died in an attempt to cross the English Channel from ...
reuters.com/world/europe/least-five-migrants-died-during-attempt-cross-english-channel-la-voix-du-nord-2024-04-23/
IMF Expects UK Economy to Be Big Growth Winner From AI Boom: The International Monetary Fund expects the UK economy to be one of the big winners from the ...
bloomberg.com/news/articles/2024-04-16/imf-expects-uk-economy-to-be-big-growth-winner-from-ai-boom
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The AI race is generating a dual reality: US tech giants may dominate but they won’t have it all their own way
ft.com/content/8af1f467-2953-4cbc-a336-4c92c92e6792
UK economy grew by 0.1% in February: Second monthly GDP increase in a row raises hopes the UK is emerging from technical recession
ft.com/content/ccf16f8c-acb8-400e-bc73-ae1edbe9cc9b
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Quick Glance: UK on Track to Exit Recession with Rising GDP
- Britain's GDP rose by 0.1% in February despite heavy rainfall affecting the construction sector and retail.
- Sectors like manufacturing and services experienced growth, while construction saw declines due to bad weather.
- Recent months of economic growth suggest the recession may soon come to an end, although pressure from the cost of living crisis and higher prices persists for households and businesses.
- Despite the positive growth in 2024, GDP remains below 2023 levels and has been stagnant since early 2022, with real wages continuing to decrease and many facing financial difficulties.
A new photo of Prince Louis has been released to mark his 6th birthday: Britain’s Prince and Princess of Wales have released a new photo of Prince Louis to mark ...
omaha.com/life-entertainment/nation-world/prince-louis-birthday-photo-kate-middleton/article_73eb1de1-fac3-5695-b4d3-ca3461b2d4fa.html
Quick Glance: Celebration of Prince Louis' Sixth Birthday by Kensington Palace
- A recent photo of Prince Louis, captured by The Princess of Wales in Windsor, has been posted on Kensington Palace's social media to commemorate his sixth birthday.
- In honor of his sixth birthday, events are being organized for William and Kate's youngest child to partake in.
- The released photo marks the first image of the children since the contentious Mother's Day picture altered by Kate.
- Following the Easter break, Prince Louis resumes classes at Lambrook School in Berkshire alongside his siblings.
Bankers lose hope of London IPO revival for another year: Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs ...
reuters.com/markets/europe/bankers-lose-hope-london-ipo-revival-another-year-2024-04-23/
UK police charge two men with spying for China: British police on Monday charged two men with spying for China, including one reported to have worked as a ...
reuters.com/world/uk/uk-prosecutors-authorise-charges-against-two-men-over-spying-china-2024-04-22/
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
- London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.
- The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.
- The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.
- In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
Kate Garraway fans say 'it's wrong on every level' as she despairs at council: Good Morning Britain star Kate Garraway reached out to Haringey Council via ...
mirror.co.uk/3am/celebrity-news/kate-garraway-fans-say-its-32604240
Quick Glance: Kate Garraway Fans Outraged Over Post to Deceased Husband
- Kate Garraway reached out on social media to address unsettling post received by her late husband Derek Draper.
- Following Kate's desperate plea, her fans sympathize with her and express outrage over the situation.
- Kate revealed the significant debts she has incurred due to Derek's care costs and discussed the lack of government support.
- Despite Derek's critical health condition and the substantial debt burden after his passing, Kate continues to struggle to receive the necessary assistance.
Sanctions on Russian Metal Will Test the Limits of Its Epic Railroads: Moscow officials have turned east. Adapting the country’s vast logistics networks is ...
bloomberg.com/news/newsletters/2024-04-19/sanctions-on-russian-metal-will-test-the-limits-of-its-epic-railroads
Prince Harry says travel industry must do more for local communities: Britain's Prince Harry said it was crucial the travel industry did better by the local ...
reut.rs/3xCNkZB
Paris Hilton shares first photos of adorable baby daughter London: Paris Hilton has shared the first picture of her daughter, London, on Instagram - months after ...
metro.co.uk/2024/04/19/paris-hilton-shares-first-photos-adorable-baby-daughter-london-20683672/
‘Ted Lasso’ star Hannah Waddingham rebukes photographer over ‘show’ leg request: “Ted Lasso” star Hannah Waddingham rebuked a photographer allegedly asking her ...
cnn.com/2024/04/16/entertainment/hannah-waddingham-olivier-awards-photographer-intl-scli/
Quick Glance: Hannah Waddingham Confronts Photographer for Sexist Remark
- Hannah Waddingham slammed a male photographer during London’s prestigious Olivier Awards for asking her to show her leg.
- The heated exchange didn’t affect Waddingham’s hosting duties, showcasing her resilience.
- Waddingham’s telling-off went viral, earning praise for her strong stance against sexism.
- The award-winning actress has a history of speaking out against derogatory remarks and has been commended for her courage and determination.
Being Jewish ‘never provocative’, says government after comment by Met officer: The Metropolitan Police apologised on Friday after an officer used the term ...
itv.com/news/london/2024-04-20/being-jewish-never-provocative-says-government-after-comment-by-officer
New LME Russia Metals Sanctions to Drive Sales to China: US and UK sanctions on Russian metals will cement China as Moscow’s buyer of last resort for key ...
bloomberg.com/news/articles/2024-04-15/new-sanctions-on-russia-to-drive-even-more-metals-sales-to-china
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UK Brexit Border Rules on Imported EU Food to Add to Inflation: Allianz: Brexit border controls on certain foods imported to the UK from the European Union may ...
bloomberg.com/news/articles/2024-04-10/uk-brexit-border-rules-to-add-0-2-points-inflation-allianz-says
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UK to increase defence spending to 2.5% of GDP - meaning tens of billions of pounds of extra funding
news.sky.com/story/uk-to-increase-defence-spending-to-2-5-of-gdp-meaning-tens-of-billions-of-pounds-of-extra-funding-13121450
Expansion plans require 85,000 more childcare places by September 2025 : Pilot to explore how to repurpose unused school space to increase capacity for funded ...
theguardian.com/education/2024/apr/19/expansion-plans-85000-more-childcare-places-september-2025
Bank of England's Ramsden more confident UK inflation risks are ebbing: Bank of England Deputy Governor Dave Ramsden said on Friday that the risk of British ...
reuters.com/world/uk/boes-ramsden-says-inflation-could-hold-around-2-target-over-next-three-years-2024-04-19/
Retail sales show zero growth despite 'fresh two-year high' for consumer confidence
news.sky.com/story/retail-sales-show-zero-growth-despite-fresh-two-year-high-for-consumer-confidence-13118307
Ithaca Energy snaps up Eni's UK assets in $940 million North Sea deal: Ithaca Energy has agreed to buy nearly all of Eni's UK-based oil and gas producing assets ...
reuters.com/business/energy/ithaca-energy-buy-enis-uk-assets-about-940-mln-2024-04-23/
UK exports of services have grown 9 times faster than goods since 2010: Economy’s shift away from manufacturing may have been accelerated by Brexit ...
ft.com/content/e4a66eb7-1cc4-45ad-ab2c-ae2141d71dab
Microsoft announces new AI office in UK: The firm says its new London hub will "drive pioneering work" to advance AI models and development.
bbc.com/news/articles/c3ger7j9vzpo
FTSE 100 hits new record high helped by five-month low for pound: While the FTSE 100's performance has lagged that of most peers for some time ...
news.sky.com/story/ftse-100-hits-new-record-high-helped-by-five-month-low-for-pound-13120952
Chris Stark: Rishi Sunak has set us back, head of climate change watchdog says: In a BBC interview, Chris Stark says the PM has not made climate change "as much ...
bbc.com/news/uk-politics-68863796
I was treated like a criminal for being Jewish. The Met chief must go: Pelted with insults like ‘scum’ and ‘Nazi’ after stumbling across a march ...
thetimes.co.uk/article/i-was-treated-like-a-criminal-for-being-jewish-the-met-chief-must-go-v2v6w59zq
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Amazon could soon be forced to recognise UK's GMB trade union: U.S. technology and retail giant Amazon AMZN.O could soon be required to formally recognise the ...
reuters.com/world/uk/amazon-could-soon-be-forced-recognise-uks-gmb-union-2024-04-19/
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
Airbnb is allowing my tenant to illegally sublet my house: It is enabling her to make money while she is refusing to pay rent
theguardian.com/money/2024/apr/15/airbnb-is-allowing-my-tenant-to-illigally-sublet-my-house
UK sends more weapons to Ukraine as Rishi Sunak fears ‘difficult summer’: Prime minister to meet his Polish counterpart Donald Tusk after announcing £500 million ...
thetimes.co.uk/article/uk-sends-more-weapons-to-ukraine-as-rishi-sunak-fears-difficult-summer-spr8mt8r7
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Family allegedly left restaurant without paying after £329 steak dinner: They tried to use a card which didn't work before leaving to get another one - but ...
examinerlive.co.uk/news/uk-world-news/family-allegedly-left-restaurant-without-29033878
FTSE hits new record as Associated British Foods posts strong results: London's FTSE 100 hit an all-time high on Tuesday as traders digested latest economic ...
euronews.com/business/2024/04/23/ftse-100-hits-new-record-as-associated-british-foods-reports-strong-results
US, UK announce new sanctions on Iran after missile and drone strike on Israel: The United States and the United Kingdom announced widespread sanctions against ...
scmp.com/news/world/united-states-canada/article/3259534/us-uk-announce-new-sanctions-iran-after-missile-and-drone-strike-israel
FTSE 100 on track to hit record high as sterling weakens: Gap between US and UK rate expectations drives investors to dollar
ft.com/content/a7d7e5e2-b510-494f-b431-8bfbb13415c3
Quarter of UK children aged 5-7 own smartphones, regulator finds: Ofcom report reinforces online safety concerns as social media apps show significant growth ...
ft.com/content/e4bd4d99-6109-490e-9020-3a6bf1ce8ad3
Should governments tax the great boomer wealth transfer?: The scale of accumulated wealth makes it a tempting target. But critics say inheritance taxes are ...
ft.com/content/a883fd3b-64de-437a-8fcf-9a64f47e9011
Londongrad forever? Why the UK may never seize Russian assets: Pledges to take Russian money to help Ukraine face a litany of legal and tactical quandaries.
politico.eu/article/londongrad-forever-uk-never-seize-russia-assets-ukraine-war-sanctions/
UK households face second year without improved living standards, says IMF: Growth per head will remain flat this year as the effects of high inflation take time ...
theguardian.com/business/2024/apr/16/uk-households-living-standards-imf-inflation
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Czech billionaire Kretinsky's sprawling empire
reuters.com/world/europe/czech-billionaire-kretinskys-sprawling-empire-2023-10-05/
Can long-term mortgages help solve the UK’s housing crisis?: Home loans with interest rates fixed for a decade or more could get more buyers on to the ladder — ...
ft.com/content/2fbedea8-27d6-4c8d-a1ae-6fe867a21371
Why do US celebrities love the UK? Because they don’t live here: Sarah Jessica Parker is the latest A-lister to lavish our fair isles with praise ...
theguardian.com/commentisfree/2024/apr/14/why-do-us-celebrities-sarah-jessica-parker-love-the-uk-because-they-dont-live-here
Victoria Beckham: Spice Girls reunite... at Posh's 50th birthday: All five members of the group perform Stop at Victoria Beckham's 50th birthday party in London.
bbc.com/news/entertainment-arts-68868289
UK financial sector seeks stronger accountability of regulators: A new sector-wide body could help ensure that Britain's financial regulators fully comply with ...
reuters.com/world/uk/uk-financial-sector-seeks-stronger-accountability-regulators-2024-04-18/
UK Economy Grows for Second Month After Recession: Get briefed ahead of your morning calls with the latest UK business headlines, key data and market reaction
bloomberg.com/news/newsletters/2024-04-12/uk-economy-grows-for-second-month-after-recession
UK sanctions businesses funding Sudanese conflict: Britain on Monday imposed sanctions against three businesses which it said were funding military groups behind ...
reuters.com/world/africa/uk-sanctions-businesses-funding-sudanese-conflict-2024-04-15/
Peres Jepchirchir, Mutiso Munyao bag Kenyan double in London Marathon : Olympic champion Peres Jepchirchir won the London marathon in a women's-only world ...
wionews.com/sports/peres-jepchirchir-mutiso-munyao-bag-kenyan-double-in-london-marathon-713640
UK ‘pothole crisis’ threatens Conservative party ahead of local elections: Motorists and cyclists are increasingly outraged by state of the country’s roads
ft.com/content/3b860260-6b82-4fa7-a1d4-4ef79bb0af1a
Paralympian Stef Reid takes aim at Nike for not selling single shoes: Stef Reid has questioned Nike's commitment to diversity over their refusal to sell single ...
rnz.co.nz/news/sport/514078/paralympian-stef-reid-takes-aim-at-nike-for-not-selling-single-shoes
Kate Garraway defended over luxury flight after sharing her £800k debt: Good Morning Britain star Kate Garraway has been defended by fans after she shared a snap ...
mirror.co.uk/3am/celebrity-news/kate-garraway-defended-over-luxury-32532231
Quick Glance: Support for Kate Garraway after Luxury Flight and £800k Debt
- Fans rally around Kate Garraway after she shares a photo of her luxurious return flight following a work trip abroad despite a debt of £800,000.
- The Good Morning Britain host took to Instagram to express gratitude for the outstanding service on her Emirates flight, facing international storms and delays.
- Kate disclosed that her earnings from ITV are insufficient to cover the debts resulting from the extensive care for her late husband Derek.
- Her devoted supporters come to her defense following criticism over a lavish flight experience.
How would a 'youth mobility scheme' between the UK and EU really work?: The EU and the UK could enter into a 'youth mobility' scheme allowing young ...
thelocal.dk/20240418/how-would-a-youth-mobility-scheme-between-the-uk-and-eu-really-work
Quick Glance: UK rejects mobility agreement with Europe for young people
- The government has ruled out any post-Brexit deal that would make it easier for young Britons to live, study, and work in the EU.
- Labour also rejected the possibility of an EU-wide scheme and prefers to improve the UK's working relationship with the EU within their red lines.
- A campaign group urged MPs to listen to British young people who deserve the opportunities presented by the plan.
- The EU suggested that Britain had expressed interest in youth mobility deals with individual member states but favored an EU-wide approach to ensure equal treatment for all members.
Emma Raducanu wins as Great Britain reach Billie Jean King Cup finals: Emma Raducanu's victory over Diane Parry on Saturday means Great Britain will be in ...
metro.co.uk/2024/04/13/emma-raducanu-wins-great-britain-reach-billie-jean-king-cup-finals-20642338/
Bank of England inflation review: Bernanke finds ‘significant shortcomings’: Former US Federal Reserve chairman says system is in need of serious reform
thetimes.co.uk/article/bank-of-england-news-inflation-forecast-ben-bernanke-interest-rates-ll85jzkpv
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Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
Fintech finally starts to add up for investors: More firms may be seeking listings in the next year
ft.com/content/bf34e647-d39b-4fd4-adcb-2a82179875e7
Biden sees highest approval rating since November: President Biden saw his highest approval rating since November on Monday, ticking up to 43 percent ...
thehill.com/homenews/4594603-biden-approval-rating-highest-since-november/
Winchester College ranked in the top 30 private schools in the UK: Winchester College Ranked in the top 30 Private Schools in the UK
hampshirechronicle.co.uk/news/24247766.winchester-college-ranked-top-30-private-schools-uk/
Britishvolt ‘gigafactory’ site sold for £110m to US private equity firm: Blackstone’s plans for data centre unlikely to generate thousands of jobs failed startup ...
theguardian.com/business/2024/apr/15/britishvolt-gigafactory-site-sold-110m-us-private-equity-firm-blackstone-data-centre-northumberland
Primary schools in Britain are beginning to close : A baby bust is starting to work its way through the system
economist.com/britain/2024/04/11/primary-schools-in-britain-are-beginning-to-close
How to fix a faulty microbiome: Our podcast on science and technology. From faecal transplants to microbial medicines, we consider the prospects for a new kind ...
economist.com/podcasts/2024/04/17/how-to-fix-a-faulty-microbiome
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Briton who ran length of Africa says Congo kidnapping was only time he mulled quitting
reuters.com/sports/athletics/briton-who-ran-length-africa-says-congo-kidnapping-was-only-time-he-mulled-2024-04-08/
UK lags G7 as labour market 'inactivity' hits eight-year high: Four years since the outbreak of the COVID-19 pandemic, Britain remains beset by a persistent rise ...
reuters.com/world/uk/uk-lags-g7-labour-market-inactivity-hits-eight-year-high-2024-04-17/
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