#bank-of-england

[ follow ]
#interest-rates

Inflation will remain above Bank of England's target rate in a blow for households - London Business News | Londonlovesbusiness.com

Inflation is projected to remain above the Bank of England's target due to economic pressures, with new forecasts indicating a rise to 2.6%.

UK interest rates 'could fall as low as 2.75% in the next year', Goldman Sachs predicts

Goldman Sachs expects faster cuts to UK interest rates than markets anticipate, reaching 2.75% by November 2025.

Pound gains on retail sales but faces uncertainty ahead - London Business News | Londonlovesbusiness.com

The British pound is strengthening due to rising retail sales and declining unemployment, but potential interest rate cuts may limit this positive trend.

European Central Bank cuts interest rates after inflation falls below 2%

ECB cuts interest rate to 3.25% as eurozone inflation falls below 2% target.

ECB day to bring back-to-back cuts - London Business News | Londonlovesbusiness.com

UK inflation figures show rapid disinflation, impacting the pound and encouraging potential rate cuts from the Bank of England.

Despite inflation falling this 'does not mean the price of essentials is getting any cheaper' - London Business News | Londonlovesbusiness.com

Inflation has decreased below the 2% target, but essentials remain expensive, prompting a careful celebration of monetary policy successes.

Inflation will remain above Bank of England's target rate in a blow for households - London Business News | Londonlovesbusiness.com

Inflation is projected to remain above the Bank of England's target due to economic pressures, with new forecasts indicating a rise to 2.6%.

UK interest rates 'could fall as low as 2.75% in the next year', Goldman Sachs predicts

Goldman Sachs expects faster cuts to UK interest rates than markets anticipate, reaching 2.75% by November 2025.

Pound gains on retail sales but faces uncertainty ahead - London Business News | Londonlovesbusiness.com

The British pound is strengthening due to rising retail sales and declining unemployment, but potential interest rate cuts may limit this positive trend.

European Central Bank cuts interest rates after inflation falls below 2%

ECB cuts interest rate to 3.25% as eurozone inflation falls below 2% target.

ECB day to bring back-to-back cuts - London Business News | Londonlovesbusiness.com

UK inflation figures show rapid disinflation, impacting the pound and encouraging potential rate cuts from the Bank of England.

Despite inflation falling this 'does not mean the price of essentials is getting any cheaper' - London Business News | Londonlovesbusiness.com

Inflation has decreased below the 2% target, but essentials remain expensive, prompting a careful celebration of monetary policy successes.
moreinterest-rates
#financial-stability
from Business Matters
5 days ago
Business

Reeves pushes Bank of England to prioritise climate change alongside economic growth

Rachel Reeves aims to prioritize climate change for the Bank of England, balancing it with economic growth.

Bank of England warns companies must 'prepare' for vulnerable shocks - London Business News | Londonlovesbusiness.com

The Bank of England warns companies to prepare for shocks in global financial markets.
The UK banking system remains strong despite increased market volatility.

Businesses backed by private equity face heightened default risks, warns Bank of England

Private equity-backed businesses have a heightened risk of default compared to other corporates, highlighting the need for improved transparency in the sector.

Reeves pushes Bank of England to prioritise climate change alongside economic growth

Rachel Reeves aims to prioritize climate change for the Bank of England, balancing it with economic growth.

Bank of England warns companies must 'prepare' for vulnerable shocks - London Business News | Londonlovesbusiness.com

The Bank of England warns companies to prepare for shocks in global financial markets.
The UK banking system remains strong despite increased market volatility.

Businesses backed by private equity face heightened default risks, warns Bank of England

Private equity-backed businesses have a heightened risk of default compared to other corporates, highlighting the need for improved transparency in the sector.
morefinancial-stability
#inflation

Prepare for weaker pound as Bank of England could go harder on rate cuts - London Business News | Londonlovesbusiness.com

The Bank of England is likely to adopt a steady approach to rate cuts, weakening the pound further and creating significant investment implications.

Inflation falls below the Bank of England's target rate of 2% - London Business News | Londonlovesbusiness.com

Inflation in the UK has dropped below 2% for the first time since 2021, driven by lower airfares and petrol prices.

Economists predict November cut to UK interest rates after wage growth slows business live

Wage growth in Great Britain has slowed, impacting potential interest rate adjustments by the Bank of England.

UK Inflation Holds Steady at 2.2%, Core Inflation Rises

UK inflation remained stable at 2.2% in August despite rising core inflation, driven by airfares and declining fuel prices.

Inflation rate holds steady in August at 2.2%

Inflation remained steady at 2.2% as price fluctuations offset each other, with airfares rising sharply while other costs fell.

UK private sector economy outpaces expectations in August despite tax concerns

The UK's private sector economy experienced unexpected growth in August, driven by political stability and improved macroeconomic conditions.

Prepare for weaker pound as Bank of England could go harder on rate cuts - London Business News | Londonlovesbusiness.com

The Bank of England is likely to adopt a steady approach to rate cuts, weakening the pound further and creating significant investment implications.

Inflation falls below the Bank of England's target rate of 2% - London Business News | Londonlovesbusiness.com

Inflation in the UK has dropped below 2% for the first time since 2021, driven by lower airfares and petrol prices.

Economists predict November cut to UK interest rates after wage growth slows business live

Wage growth in Great Britain has slowed, impacting potential interest rate adjustments by the Bank of England.

UK Inflation Holds Steady at 2.2%, Core Inflation Rises

UK inflation remained stable at 2.2% in August despite rising core inflation, driven by airfares and declining fuel prices.

Inflation rate holds steady in August at 2.2%

Inflation remained steady at 2.2% as price fluctuations offset each other, with airfares rising sharply while other costs fell.

UK private sector economy outpaces expectations in August despite tax concerns

The UK's private sector economy experienced unexpected growth in August, driven by political stability and improved macroeconomic conditions.
moreinflation
#uk-inflation
from Business Matters
2 weeks ago
Business

UK inflation dips below Bank of England target to 1.7%, opening door for potential interest rate cuts

UK inflation has dropped to 1.7% in September, below the Bank of England's target, marking a significant financial shift.

Pound falls as UK inflation drops below 2% target for the first time since 2021 business live

UK inflation has fallen to 1.7%, below the 2% target for the first time in 3.5 years.

UK inflation remains unchanged - London Business News | Londonlovesbusiness.com

Inflation remains steady at 2.2% YoY in August, with core metrics showing persistent pressures.
MPC may hold rates steady with implications for future monetary policy decisions.

Inflation rises above Bank of England's 2% target - London Business News | Londonlovesbusiness.com

UK inflation rose to 2.2% in June, slightly above BoE target, but core and services pressures are easing, which may impact future policy.
Inflationary pressures are stabilizing, suggesting that Bank of England may consider only a gradual approach regarding interest rates going forward.

UK inflation dips below Bank of England target to 1.7%, opening door for potential interest rate cuts

UK inflation has dropped to 1.7% in September, below the Bank of England's target, marking a significant financial shift.

Pound falls as UK inflation drops below 2% target for the first time since 2021 business live

UK inflation has fallen to 1.7%, below the 2% target for the first time in 3.5 years.

UK inflation remains unchanged - London Business News | Londonlovesbusiness.com

Inflation remains steady at 2.2% YoY in August, with core metrics showing persistent pressures.
MPC may hold rates steady with implications for future monetary policy decisions.

Inflation rises above Bank of England's 2% target - London Business News | Londonlovesbusiness.com

UK inflation rose to 2.2% in June, slightly above BoE target, but core and services pressures are easing, which may impact future policy.
Inflationary pressures are stabilizing, suggesting that Bank of England may consider only a gradual approach regarding interest rates going forward.
moreuk-inflation
#uk-economy

Pound steady as UK economy mixes after surprise US inflation figures - London Business News | Londonlovesbusiness.com

The pound is stable against the dollar, reflecting mixed UK economic data.

Pound set to reach highest level against US dollar since 2021, says Goldman Sachs

Goldman Sachs forecasts the pound will surge to $1.40 against the US dollar within a year due to strong UK growth and interest rate reductions.

Critic of Osborne's austerity policy joins Bank of England rate committee

Alan Taylor brings expertise on austerity's economic impacts as he joins the Bank of England's monetary policy committee, succeeding Jonathan Haskel.

UK economy has grown by 0.6% in the three months to June - London Business News | Londonlovesbusiness.com

UK GDP growth in Q2 was 0.6%, indicating solid economic stability despite looming fiscal risks and a more relaxed monetary policy.

UK unemployment falls slightly as pay growth slows

Unemployment rate in the UK decreased to 4.2% while wage growth slowed at an annual rate of 5.4%. However, caution is advised due to signs of a cooling job market.

Pound steady as UK economy mixes after surprise US inflation figures - London Business News | Londonlovesbusiness.com

The pound is stable against the dollar, reflecting mixed UK economic data.

Pound set to reach highest level against US dollar since 2021, says Goldman Sachs

Goldman Sachs forecasts the pound will surge to $1.40 against the US dollar within a year due to strong UK growth and interest rate reductions.

Critic of Osborne's austerity policy joins Bank of England rate committee

Alan Taylor brings expertise on austerity's economic impacts as he joins the Bank of England's monetary policy committee, succeeding Jonathan Haskel.

UK economy has grown by 0.6% in the three months to June - London Business News | Londonlovesbusiness.com

UK GDP growth in Q2 was 0.6%, indicating solid economic stability despite looming fiscal risks and a more relaxed monetary policy.

UK unemployment falls slightly as pay growth slows

Unemployment rate in the UK decreased to 4.2% while wage growth slowed at an annual rate of 5.4%. However, caution is advised due to signs of a cooling job market.
moreuk-economy

Reeves under pressure to axe winter fuel cut after 10billion windfall

Chancellor Rachel Reeves faces pressure to reconsider winter fuel payment cuts for pensioners following a £10 billion budget boost from the Bank of England.
#federal-reserve
from London Business News | Londonlovesbusiness.com
1 month ago

British pound reaches new multi-year highs following decisions by the Bank of England and the Fed - London Business News | Londonlovesbusiness.com

The British pound strengthened against the US dollar due to differing monetary policies between the Bank of England and the Federal Reserve.
from London Business News | Londonlovesbusiness.com
1 month ago

FED's and BoE's divergent decisions add pressure to the USD - London Business News | Londonlovesbusiness.com

The U.S. dollar is under pressure due to divergent monetary policies between the Fed and the BoE, affecting GBP/USD exchange rates.

British pound reaches new multi-year highs following decisions by the Bank of England and the Fed - London Business News | Londonlovesbusiness.com

The British pound strengthened against the US dollar due to differing monetary policies between the Bank of England and the Federal Reserve.

FED's and BoE's divergent decisions add pressure to the USD - London Business News | Londonlovesbusiness.com

The U.S. dollar is under pressure due to divergent monetary policies between the Fed and the BoE, affecting GBP/USD exchange rates.
morefederal-reserve

Market thoughts: Record highs once more - London Business News | Londonlovesbusiness.com

Markets closed at record highs as investors favored risk on sentiment following a 50bp cut from the FOMC.

Labour 22bn black hole gloom unhelpful', former BoE chief economist warns

Former Bank of England economist criticizes Labour's handling of fiscal black hole announcement, suggesting it created unnecessary fear and uncertainty.

Bank of England's PRA recognises small firms' importance to economic growth - London Business News | Londonlovesbusiness.com

The PRA's new package aims to support SME lending despite removing the SME Supporting Factor, maintaining cautious optimism among small business leaders.

September 2024 Bank of England preview: Waiting for November - London Business News | Londonlovesbusiness.com

MPC is expected to maintain the Bank Rate at 5.00% during the upcoming meeting, pausing further cuts until November.
#mortgage-rates

House prices rising for first time in two years, survey suggests

House prices are showing signs of recovery, with a net increase reported for the first time since October 2022.

UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

Mortgage rates are being slashed by major UK lenders after Bank of England interest rate cuts.

House prices rising for first time in two years, survey suggests

House prices are showing signs of recovery, with a net increase reported for the first time since October 2022.

UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

Mortgage rates are being slashed by major UK lenders after Bank of England interest rate cuts.
moremortgage-rates
#fiscal-policy

UK economy stagnated in July with no growth for the second month in a row - London Business News | Londonlovesbusiness.com

The UK economy experienced stagnation in July, showing no growth for the second consecutive month.

Retail sales figures on a 'relatively solid footing' in the third quarter - London Business News | Londonlovesbusiness.com

UK retail sales showed solid growth in early Q3 2024, driven by summer discounts and sporting events despite potential economic headwinds.

UK economy stagnated in July with no growth for the second month in a row - London Business News | Londonlovesbusiness.com

The UK economy experienced stagnation in July, showing no growth for the second consecutive month.

Retail sales figures on a 'relatively solid footing' in the third quarter - London Business News | Londonlovesbusiness.com

UK retail sales showed solid growth in early Q3 2024, driven by summer discounts and sporting events despite potential economic headwinds.
morefiscal-policy
#uk-employment

Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.com

The UK job market shows strength but wage growth is slowing, impacting economic forecasts.

UK's employment data points to a mixed labour market - London Business News | Londonlovesbusiness.com

UK labor market shows mixed signals: decreasing unemployment but cooling earnings growth raises concerns about inflation.

Moderating wage growth leaves the door open to further rate cuts - London Business News | Londonlovesbusiness.com

The UK job market shows strength but wage growth is slowing, impacting economic forecasts.

UK's employment data points to a mixed labour market - London Business News | Londonlovesbusiness.com

UK labor market shows mixed signals: decreasing unemployment but cooling earnings growth raises concerns about inflation.
moreuk-employment

The pound is steady today as house prices accelerated - London Business News | Londonlovesbusiness.com

The pound is stabilizing against the dollar, buoyed by stronger than expected house price growth, while lagging against the euro.

Public sector driving growth across the lending landscape - London Business News | Londonlovesbusiness.com

The public administration sector is driving significant growth in lending, showing a 26.7% increase in outstanding loans.

Sterling faces risks from Bank of England rate cut concerns - London Business News | Londonlovesbusiness.com

The British pound stabilised but remained close to a one-month low against the dollar. The Bank of England's interest rate cut and US monetary policy expectations impact its value.

UK job vacancies drop by 20% despite economic growth

The UK job market has not fully recovered from the pandemic, with job vacancies falling by nearly 20% in a year.

Time to break the Bank of England's silence on rates - London Business News | Londonlovesbusiness.com

Extended silence of Bank of England Governor amidst critical economic decisions raises concerns about lack of communication and transparency.
[ Load more ]