What’s going on with Reform’s proposed overhaul of Bank of England reserves? June 11, 2024 Tice said the policy would raise £35bn over the next five years, a figure which leading tax lawyer Dan Neidle described as "magic".
Reform pledges ‘Great British tax cut’ funded by raid on the banks June 10, 2024 "You cannot tax your way out of a crisis," Richard Tice said, "you grow your way out of it".
Bank of England to take heart from positive surveys as markets wait on interest rate cuts June 7, 2024 Although there were no major releases, two surveys showed encouraging signs that inflationary pressures were easing, welcome news after April's inflation data came in hotter than expected.
More good news for the Bank of England as firms expect wage and price pressures to ease June 6, 2024 Yet another survey shows that the Bank of England's interest rate hikes are slowly squeezing inflationary pressures out of the economy.
FTSE 100 today: UK stocks set to open higher as rate cut odds strengthen; ECB in focus June 6, 2024 Asian markets mirrored Wall Street's surge. All eyes are on the ECB's likely rate cut and Christine Lagarde's press conference.
Former Bank governor Mark Carney: City needs to lead world once again on green finance June 4, 2024 In a speech at a Deloitte event, Carney said the UK has "traditionally led" on international financial developments but warned "it hasn't been leading as much of late. It had other things on its mind."
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.
Mortgage lending remains subdued as high rates put off borrowers June 3, 2024 Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced optimism over interest rate cuts from the Bank of England.
FTSE 100 today: London markets set to open higher on growing rate cut bets June 3, 2024 Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.
FTSE 100 today: London markets set to open higher as yields retreat May 31, 2024 Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.
