UK inflation expected to fall below two per cent target October 13, 2024 UK inflation is tipped to fall below the Bank of England's two per cent target for the first time in more than three years.
FTSE 100: London gains as Iran’s attack on Israel sends oil prices higher October 2, 2024 London markets made gains on Wednesday after an unprecedented missile attack on Israel by Iran that sent oil prices higher and shook global stocks.
Is Unicredit about to kickstart a wave of European bank mergers? September 27, 2024 UniCredit is facing stiff opposition from the German government amid speculation that it could launch a multibillion-euro takeover bid for Frankfurt-based Commerzbank.
HSBC considers naming first female CFO in bank’s 159-year history September 24, 2024 HSBC is reportedly considering naming its first female chief financial officer in its 159-year history, with Pam Kaur said to be a favourite for one of the top jobs at Europe's biggest bank.
Panmure Gordon suffered £7.2m loss before merger with Liberum September 23, 2024 Panmure Gordon continued its loss-making streak in the year before its merger with City rival Liberum in the latest sign of factors influencing consolidation among Britain’s corporate brokers. The investment bank posted a £7.2m loss for the 12 months ending on 31 December 2023, according to newly-filed accounts. This compares to a £16.3m loss in [...]
Why the Bank of England will hold interest rates tomorrow September 18, 2024 The firm consensus is for the Bank of England to hold rates tomorrow, but this will not prevent a further cut in November.
The Bank of England decision that really matters this week September 17, 2024 The Bank of England's interest rate decision later this week looks like a done deal. But there is another, arguably more important, decision you should be paying attention to, Chris Dorrell writes
Next: Analysts look for potential sales forecast upgrade in upcoming results September 15, 2024 Next could upgrade its forecast for full-year sales next week as the retailer looks to capitalise on new business overseas. The clothing retailer reports its interim results on Thursday amid a backdrop of 28 per cent growth in its share price so far this year. Next reported a 4.4 per cent rise in sales in [...]
The City’s salad cult: What’s up with Farmer J? September 12, 2024 People in the City are addicted to Farmer J's large, expensive salad bowls. Why so?
Bank of England gets the ‘green light’ for another rate cut following wage figures September 10, 2024 For the second month in a row the figures show that pay growth eased markedly even while unemployment edged lower.