This Bank of England news makes me fear for Lloyds and its share price!
Warnings of weak economic growth, resurgent inflation, and falling interest rates pose a toxic cocktail for Lloyds' share ...
Opinion
Sayonara central bank independence?
An idea that took root globally after inflation shocks of 1970s is facing its stiffest challenge yet. Post-2008 crisis, central banks moved away from a narrow remit of targeting just inflation. Now, ...
China Internet Information Center4h
Bank of England cuts interest rate to 4.5%
The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...
Sensex, Nifty eye RBI policy decision; flat opening expected
Stock markets are expected to open flat on Friday, as all eyes are on the RBI meeting outcome on rates. The newly appointed Governor, Sanjay Malhotra, is expected to announce the committee’s decision ...
Savers warned over next steps as 'window may be closing' after Bank of England decision
Paul Noble, CEO of Chetwood Bank, warned: “Savers should take this as a reminder that the window for securing the best rates ...
Indian stock market: 8 key things that changed for market overnight ahead of RBI policy - Gift Nifty to Amazon earnings
Gift Nifty was trading around 23,710 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating ...
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Barclays, HSBC, Virgin Money forced to bring in new rules 'starting from today'
Barclays and HSBC and Virgin Money have all moved to reduce mortgage rates after the Bank of England interest cut. Barclays ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...
Mortgage relief for millions of homeowners after rate cut could see payments fall by hundreds of pounds a year
Crippling mortgage costs have squeezed household budgets for millions of homeowners since 2022, but now a rate cut could see ...
Santander making change to savings accounts and 'will contact customers'
Santander has announced changes to its mortgage and base rate linked savings products following the Monetary Policy Committee ...
Transcript: Will Trump’s tariffs make Europe great again?
Katie Martin Yeah, it’s so true. OK, so because you bring up tariffs, let’s start with tariffs. Trump has spoken about wanting to impose tariffs on the EU and on Europe. And look, he might impose ...