Why the Bank of England won’t cut rates – even if it wants to
The Bank of England desperately wants to cut rates. Inflation has fallen and mediocre GDP numbers mean the UK needs to do something. There’s just one problem: The Federal Reserve.…
The Bank of England desperately wants to cut rates. Inflation has fallen and mediocre GDP numbers mean the UK needs to do something. There’s just one problem: The Federal Reserve.…
Conservative MP Natalie Elphicke has defected to join the Labour Party, with an attack on the “broken promises of Rishi Sunak’s tired and chaotic government”. Elphicke and Labour confirmed the…
Monzo has raised $190m (£150m) in new funding, taking its total for the year to $610m (£488m) and raising its valuation to $5.2bn (£4.1bn), as the digital bank eyes up…
April was a record ISA season, with inflows to equity funds coming in five times larger than 2023, but represented another poor month for UK-focused funds, according to data from…
Currency traders have been building up short positions on the pound as they bet the Bank of England will cut the base rate before the US’s Federal Reserve (Fed). The…
TSB Bank is planning to cut around 250 jobs and close three dozen branches as part of a broader restructuring effort, joining other mid-sized high street lenders that are looking…
Former England spin bowler Monty Panesar has U-turned on his decision to stand for Westminster, with George Galloway’s Workers’ Party. The ex-sportsman had been roped into running for Parliament in…
Hydrogenone Capital Growth, the investment trust focused on cash into clean hydrogen, has reported a strong performance of its underlying holdings, even though its share price has struggled. The trust’s…
As traditional British watchmakers, we at Pinchbeck can trace our horological roots back to 18th century London. It’s a proud family heritage that we continue to honour in the 21st…
The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said. The former immigration minister argued the…