Bank of England hikes interest rates and warns UK to enter recession and inflation to pass 13% – business live
theguardian.com/business/live/2022/aug/04/bank-of-england-interest-rate-decision-andrew-bailey-inflation-stock-markets-business-live
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'An uncomfortable situation': Bank of England warns UK will enter recession – video
theguardian.com/business/video/2022/aug/04/uncomfortable-situation-bank-of-england-warns-uk-enter-recession-video
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'An uncomfortable situation': Bank of England warns UK will enter recession – video
theguardian.com/business/video/2022/aug/04/uncomfortable-situation-bank-of-england-warns-uk-enter-recession-video
Bank of England policymaker warns against cutting interest rates too soon: Pound rises against the dollar as chief economist Huw Pill sets a different tone from ...
ft.com/content/6c746e2c-1ddb-4e61-8620-7d46a6393818
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What’s behind the record FTSE 100 high?: Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached ...
theguardian.com/business/2024/apr/23/whats-behind-record-ftse-100-high-uk-explainer
UK Economy: Uncertainty surrounds Bank of England’s policy decisions : The UK economy faces a year of mixed signals. EY predicts subdued growth in 2024 ...
wionews.com/videos/uk-economy-uncertainty-surrounds-bank-of-englands-policy-decisions-714061
Full list of DWP payment dates and money changes in May : NHS prescription costs will rise in May, Ofgem will announce a new price cap and some people will see ...
manchestereveningnews.co.uk/news/cost-of-living/full-list-dwp-payment-dates-29042407
Worst news possible for Aussie homeowners: There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
news.com.au/finance/economy/interest-rates/fears-interest-rates-could-be-hiked-in-2024/news-story/7be393c0c52b480c16d3c60d53d07c03
BOE’s Jonathan Haskel Warns of Slow Loosening in UK’s Labor Market: Bank of England rate-setter Jonathan Haskel warned that the “very tight” labor market is ...
bloomberg.com/news/articles/2024-04-23/boe-s-haskel-warns-of-slow-loosening-in-uk-s-labor-market
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
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.
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.
Bank of England’s Mann Warns World Fragmentation Means More Inflation Shocks: Bank of England policymaker Catherine Mann said the fragmenting global economy will ...
bloomberg.com/news/articles/2024-04-19/boe-s-mann-warns-world-fragmentation-means-more-inflation-shocks
Paid articlePaid UK Economists Say Markets Betting Wrong on Interest Rate Cuts: The Bank of England has found itself caught in the middle of a trans-Atlantic divide over who will ...
bloomberg.com/news/articles/2024-04-22/uk-economists-say-markets-betting-wrong-on-interest-rate-cuts
Hope Hostel in Rwanda says it's ready for first migrants from UK: Rwanda is gearing up to welcome deported asylum seekers now the landmark UK bill has passed.
bbc.com/news/world-africa-68836255
Quick Glance: British Parliament Approves Deportations to Rwanda
- The controversial plan to deport refugees to Rwanda has been approved by the British Parliament.
- Despite resistance in the upper house and multiple votes, the law was passed.
- Prime Minister Sunak is pushing for deportations to deter refugees from dangerous crossings.
- Experts question the effectiveness of the measure, while concerns about costs and legal implications persist.
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
UK Is Falling Behind US in the Race for AI, BOE’s Haskel Says: The US is leading the UK on AI investments, raising concerns about a widening productivity gap ...
bloomberg.com/news/articles/2024-04-18/uk-is-falling-behind-us-in-the-race-for-ai-boe-s-haskel-says
Liz Truss refuses to apologise for sparking mortgage rate rise - but admits one failing as PM
news.sky.com/story/liz-truss-refuses-to-apologise-for-sparking-mortgage-rate-rise-but-admits-one-failing-as-pm-13119635
BOE Official Warns of ‘Bumpy’ Last Mile in Inflation Fight: Bank of England policy maker Megan Greene said developed economies including the UK face a “bumpy ...
bloomberg.com/news/articles/2024-04-17/boe-official-warns-of-bumpy-last-mile-in-inflation-fight
Paid articlePaid 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
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
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
Lloyds profits fall as interest rate benefits wane: Competition in savings and mortgage markets and rate cut expectations weigh on margins
ft.com/content/4086d32f-142c-411e-8f48-139957fcdde6
UK House Prices Under Threat As Traders Pare Back Rate Cut Bets: The UK housing market recovery is threatened by investors scaling back bets on how far the Bank ...
bloomberg.com/news/articles/2024-04-24/uk-house-prices-under-threat-as-traders-pare-back-rate-cut-bets
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
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/
No Evidence BOE Decisions Swayed by Elections, Analysis Finds: The Bank of England could cut interest rates twice before the next UK general election ...
bloomberg.com/news/articles/2024-04-18/no-evidence-boe-decisions-swayed-by-elections-analysis-finds
Paid articlePaid 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
Microsoft's and Amazon's AI partnerships draw UK watchdog scrutiny: Britain's competition watchdog said on Wednesday it was seeking comments on the AI ...
reuters.com/technology/uk-competition-watchdog-seeks-views-ai-partnerships-2024-04-24/
Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants
- Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
- Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.
- The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.
- Views are invited until May 9 before formal investigations begin on the partnerships.
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
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/
BOE’s Megan Greene Says UK Interest Rates Cuts ‘Not Imminent’: Bank of England policymaker Megan Greene said the UK faces difficult trade-offs over whether to ...
bloomberg.com/news/articles/2024-04-18/boe-s-megan-greene-says-uk-interest-rates-cuts-not-imminent
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
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/
Bernanke Urges BOE to Give Market Clearer Guidance on Rates: Ben Bernanke called on the Bank of England to consider publishing its own outlook for UK interest ...
bloomberg.com/news/articles/2024-04-12/bernanke-urges-boe-to-speak-more-clearly-on-direction-of-rated
Paid articlePaidQuick 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.
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
‘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
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
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
Paid articlePaid 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/
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
UK court case launched over Brazil Iron mine project in Bahia: Brazil Iron calls itself a sustainable mining company. Local residents call its project a disaster ...
bbc.com/news/world-latin-america-68772590
The Eurozone economy is growing surprisingly strongly: The purchasing managers' index rose by 1.1 to 51.4 points, the highest value in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
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/
Second animal runs into a taxi: Horse covered in blood gallops through London: Harrowing scenes take place in the London district of Aldwych. Two runaway horses ...
n-tv.de/mediathek/videos/panorama/Blutueberstroemtes-Pferd-galoppiert-durch-London-article24897536.html
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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Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
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 pay settlements edge lower in first quarter, industry survey shows: British employers reached slightly lower pay settlements with staff in the three months to ...
reuters.com/world/uk/uk-pay-settlements-edge-lower-first-quarter-industry-survey-shows-2024-04-23/
UK Jobs and Pay Data Poses a Dilemma for the Bank of England: Sticky wages and falling vacancies don’t make the Bank of England’s life any easier.
bloomberg.com/news/newsletters/2024-04-16/uk-jobs-and-pay-data-poses-a-dilemma-for-the-bank-of-england
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
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
Paid articlePaidQuick 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.
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.
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/
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.
UK Inflation: Traders Favor Just One BOE Rate Cut in 2024 After Hot Data: Money markets rushed to trim wagers on the extent of monetary easing by the Bank of ...
bloomberg.com/news/articles/2024-04-17/traders-favor-just-one-boe-cut-in-2024-after-hot-inflation-data
Paid articlePaid 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
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/
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
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/
‘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
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
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
Quick Glance: Tom Cruise wows guests at Victoria's 50th birthday bash
- Tom Cruise wowed A-list guests at Victoria's party.
- The Spice Girls also performed and danced to their 1997 hit.
- Victoria Beckham called the celebration the best night ever.
- Brooklyn's wife Nicola Peltz Beckham did not attend the party.
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
Paid articlePaid Bank of England Official says UK on Cusp of Payments Revolution: Bank of England Deputy Governor Sarah Breeden said the UK is on the cusp of a technological ...
bloomberg.com/news/articles/2024-04-15/bank-of-england-official-says-uk-on-cusp-of-payments-revolution
Paid articlePaid 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 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
Paid articlePaid 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
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/
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
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
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
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
Next BoE deputy governor sees rate cuts coming into view, but can't say when
reuters.com/world/uk/next-boe-deputy-governor-sees-two-sided-risks-policy-outlook-2024-04-16/
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
Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...
ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
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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Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
UK wage growth slows slightly as Bank of England mulls rate cuts: British core wage growth slowed again, posting its weakest rise since the three months to ...
reuters.com/world/uk/uk-regular-wages-grow-60-3-months-february-2024-04-16/
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
BoE tells lenders to get data on private equity or risk 'large loss': The Bank of England said on Tuesday that very few banks had a clear idea of their ...
reuters.com/world/uk/boe-tells-lenders-get-data-private-equity-or-risk-large-loss-2024-04-23/
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/
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