Why did the Bank of England opt for a ‘hawkish’ hold despite bleak growth outlook? November 2, 2023 Although markets were certain that the rate would be held at 5.25 per cent, the Bank's hawkish tone caught them by surprise.
London’s exchanges are losing companies again. It needs to stop. November 2, 2023 Even by recent standards, this has not been a banner week for London's stock exchanges.
Bank of England leaves interest rates on hold with gloomy prospects for UK growth November 2, 2023 Higher for longer interest rates will bring growth to a near standstill until the end of 2025, new forecasts from the Bank of England show, as it left interest rates on hold for the second time in a row. The decision to hold, which was backed by six members of the nine-strong Monetary Policy Committee [...]
Federal Reserve leaves interest rates on hold again as attention turns to Bank of England November 1, 2023 The Fed has kept interest rates on hold for the second time in a row as the central bank's battle against inflation enters a new phase.
US labour market resilient as another ‘hawkish’ Fed rate pause looks nailed on November 1, 2023 The US labour market remains resilient despite the US Federal Reserve’s aggressive bout of monetary tightening, new figures out today suggest. According to the Bureau of Labor Statistics’ JOLTS survey, there were 9.6m job openings on the last day in September – little changed from the month before and ahead of the market consensus of [...]
Gender pay gap barely budges in past year while wage growth reaches record annual levels November 1, 2023 The gender pay gap for full-time workers has barely changed over the past year, new figures suggest.
UK manufacturing mired in deepest downturn since 2008 financial crisis November 1, 2023 The UK's manufacturing sector is engulfed in the deepest downturn since the 2008 financial crisis as market uncertainty depresses activity, a closely watched survey suggests.
FTSE 100 close: London rises on strong Next results as investors await Fed rate decision November 1, 2023 The Fed is widely expected to leave interest rates on hold as it assesses how its historic bout of monetary tightening is impacting inflation.
Five charts the Bank of England will study ahead of Thursday’s interest rate decision November 1, 2023 Although inflation is slowly coming down, warning lights are flashing across much of the UK economy.
Air travel and connectivity are critical to supporting regeneration and growth October 31, 2023 | Sponsored ROBERT SINCLAIR CEO of London City Airport It was around this time 36 years ago that the first commercial flight landed at London City Airport, and it’s fascinating to reflect not only on how far the airport has come during that time but to consider the sheer transformation around us in East London too. Taking [...]
