Londoners the cleverest people in the world: Latest Oxford Economics study London Although London lost out to New York in the overall score, the UK's capital came top on the human capital score, beating Tokyo and Riyadh in second and third place.
FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments Markets Asian markets dipped. Oil prices fell, gold stayed near highs, and Australia's BHP Group surged. Focus on Fedspeak and BOE's Andrew Bailey.
Bank of England deputy governor Broadbent says summer interest rate cut ‘possible’ UK Economy The Bank judges that the unwinding of the inflationary shock is likely to be "asymmetric", taking longer to unwind than it did to emerge.
Imposing VAT on private schools could be a net cost for the Treasury, research suggests May 20, 2024 John O’Connell, chief executive of the TaxPayers' Alliance, said: "VAT on private schools is a clear cut case of a policy gimmick that will do grievous harm to families with potentially pathetic results for revenues."
City helps UK pull ahead of rivals to be Europe’s top destination for investment in financial services May 20, 2024 The UK has extended its lead as Europe's top destination for investment into financial services despite the impact of Brexit, according to a new survey from EY.
Chinese central bank holds rates after authorities unveil historic property sector rescue May 20, 2024 The Chinese central bank maintains its key lending rates following the unveiling of a historic property sector rescue plan by authorities.
FTSE 100 today: London markets set to open higher, echoing global trends May 20, 2024 Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.
Inflation set to return to two per cent target in boost for Bank of England May 19, 2024 The latest UK inflation reading could show a notable fall when it's published this week.
Investors to receive ‘temperature check’ on global economy alongside Nvidia and inflation updates May 19, 2024 Analysts at Deutsche Bank said the surveys would provide "a temperature check on growth across the key economies as perceived inflation risks subside".
The UK economy suffers from low levels of investment? That’s just not true says Deutsche Bank May 18, 2024 Deutsche Bank point out that aggregate investment growth since the financial crisis is second only to the US among G7 economies.