Tag: Bank of England
Business
Shares jump as US inflation cools
Share prices have soared as a result of investors' enthusiasm for official data that indicates the US cost of living increased last month at...
Business
Cost of living: Shares up as US inflation cools
Share prices have risen as investors greet official data showing that the cost of living in the United States increased at a slower-than-expected rate...
Business
British Gas profit forecasts revised downward due to ‘warm weather’
Centrica reveals more assistance for vulnerable households as it updates the market on its financial performance, predicting that the group as a whole will...
World
Sunak and his chancellor have a series of difficult decisions to take on tax and spending
It's sort of discombobulated because we've been just running 100 miles an hour.It has calmed down a bit, but I would describe it as...
World
Interest rates in the United States have risen to a new 14-year high
The US Federal Reserve has approved another sharp increase in interest rates as it struggles to contain rapidly rising prices.The Federal Reserve announced a...
World
How the markets punish Britain’s and Ghana’s reckless politicians
This week Ghana’s Finance Minister Ken Ofori-Atta faces calls to quit by his own party’s MPs. Why did it come to this?At the annual...
World
Investors believe Sunak will stick to Hunt’s budget, thus gilts are back on track
The gilt market was returned to its pre-Liz Truss mini-budget level shortly after Rishi Sunak was declared as Tory leader.Gilts, or UK government bonds,...
World
Prime Minister to keep Jeremy Hunt as chancellor – Former deputy governor of the Bank of England
The former deputy governor of the Bank of England says the future Prime Minister will have to keep Jeremy Hunt as chancellor.
Prof Charlie Bean...
World
Market forecasts for the Bank of England rate are at their lowest since the mini-budget
Market estimates for the Bank of England's bank rate are at their lowest since the mini-budget, which is excellent news for individuals with mortgages.Market...
News
Why Kwasi Kwarteng was sacked as UK’s Chancellor of the Exchequer
After being in office for 38 days, Kwasi Kwarteng, the British-born politician of Ghanaian parentage was sacked by Prime Minister Liz Truss as the...