Thursday, December 26, 2024
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Interest rates

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If the Budget can grow the economic pie then we will all be better off

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The run up to the Budget next Wednesday has felt more leaky than a kitchen colander. So with little new to be said, I...
Bussiness

Premium Bonds update: NS&I to CUT rate as odds of winning £1million prize draw slashed

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National Savings and Investments (NS&I) has announced it is slashing the prize fund rate of its signature Premium Bonds product.The rate attached to the...
Bussiness

Interest rate could plunge to 2.75% – saving home buyers £2,500 a year

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Experts at Goldman Sachs are predicting the Bank of England will slash the base rate by much more than previously expected in a huge...
Bussiness

ECB cuts interest rate for third time this year as euro zone economy flatlines

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The European Central Bank (ECB) has cut interest rates for the third time this year and for a second straight meeting amid fears of...
Bussiness

Inflation crashes. ‘BoE has no excuse and MUST slash interest rates to the bone’

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Well, today's it's just done that and then some. This morning we learned that CPI inflation fell to 1.7% in September, which is even...
Bussiness

Why back-to-back interest rate cuts are finally on the cards

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Rob Wood, the chief UK economist at Pantheon Macroeconomics, said the drop...
Bussiness

Traders ramp up bets on Bank of England interest rate cut amid GDP growth

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Traders are increasingly convinced that the Bank of England (BoE) will slash interest rates next month, with money markets indicating a 93% probability of...
Bussiness

CNBC Daily Open: Is higher-than-expected CPI just a ‘janky’ data point?

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Customers shop for eggs at a Sprouts grocery store on April 12, 2023 in San Rafael, California. Justin Sullivan | Getty Images News | Getty...
Bussiness

Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation print

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US stocks drifted lower on Thursday after the latest consumer inflation print came in hotter than anticipated, setting up expectations for the path of...
Bussiness

Cracks are appearing in Reeves’s plans for an investment spending spree

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Debt-servicing costs have thus become one of the biggest sources of risk...
Bussiness

Britain’s borrowing costs nearly double Germany’s as investors brace for Budget

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Rachel Reeves, the Chancellor, has promised to take “difficult decisions” in her...
Bussiness

UK house prices rise for third straight month amid falling mortgage rates

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UK house prices have climbed for the third consecutive month in September, rising by 0.3% or £859, as falling mortgages rates boosted the property...
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