De La Rue shares jump as orders grow and group edges closer to sale May 30, 2024 The firm responsible for printing UK's money is edging closer to a sale of some or all of its business and has delayed reporting its full year results to July in the hope that by then it will have found a buyer.
FTSE 100 today: London markets set to open lower as rate cut anxiety weigh May 30, 2024 Rate cut anxiety triggers Asian stock slump, mirroring Wall Street. Salesforce drops 15%. Focus shifts to US Q1 GDP and Auto Trader.
Pound Sterling climbs to it highest level against the euro since August 2022 May 29, 2024 The pound hit its highest level against the euro since August 2022.
Is the Bank of England’s quantitative tightening causing problems for banks? May 29, 2024 In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.
ONS suffering from staff departures amid concerns over data – reports May 29, 2024 The figures come at a time when the ONS is facing questions about the accuracy of its data, in particular its flagship Labour Force Survey.
Debt headache as just a quarter of execs have experience of higher interest rates May 28, 2024 "For many of the people tasked with tackling higher interest costs, this is a new challenge," Nick Forest, a partner at the firm said.
Bank of England’s Broadbent slams ‘groupthink’ accusations as ‘absolute tripe’ May 28, 2024 In an interview with the Times, Ben Broadbent said "when you sit [on the Monetary Policy Committee (MPC)], you realise pretty quickly there is robust discussion about every single question".
Dame Sharon White: Government should be talking about ‘falling apprenticeships’ following Sunak’s plans for mandatory national service May 26, 2024 Dame Sharon White, the head of John Lewis, has said the government should be talking about skills, and why apprenticeships are falling' following an announcement that Rishi Sunak would introduce national service if he was elected at the upcoming general election.
Haldane: Bank of England only ‘six months late’ if it starts cutting rates in June May 23, 2024 Speaking on LBC, Andy Haldane, the Bank's former chief economist, said "they (the Bank) should have been cutting from around January."
FTSE 100 today: London markets set to open lower as rate cut bets ease May 23, 2024 Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.
