Tag results for: Bank of England

Interest rates set to be held despite positive inflation news – London Business News | Londonlovesbusiness.com

Despite the positive news that inflation has reached the 2% target the Bank of England is set to keep interest rates at 5.25%. In...

May inflation figures shows headline CPI returning to the Bank of England’s 2% target – London Business News | Londonlovesbusiness.com

Governor Bailey is likely to be the happiest man in the Square Mile this morning, after the May inflation figures showed headline CPI returning to...

Bank of England inflation attitudes survey ‘suggests the cost of living crisis still feels very real’ – London Business News | Londonlovesbusiness.com

The Bank of England has this morning published its latest quarterly Inflation Attitudes survey. From February 2022, the survey has been conducted on The...

Interest rates expected to ‘hold’ amid worries ‘inflation will return’ this winter – London Business News | Londonlovesbusiness.com

Brokers have said next Wednesday, 19 June, could be a “Big Wednesday” for borrowers as the latest inflation data is published. Even if the...

The pound advances despite the weak performance of the UK economy – London Business News | Londonlovesbusiness.com

The British pound continues to advance slightly against the US dollar for the third day in a row, by 0.03%, while the euro is still...

UK labour market: Does weakness mean a rate cut is imminent? – London Business News | Londonlovesbusiness.com

Unemployment has risen to its highest in more than two years as the jobs market has weakened and official figures shows that wage growth remains...

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Ring could be planning to expand Search Party feature beyond dogs

Ring CEO Jamie Siminoff has indicated that the company's controversial Search Party feature might not always be just for lost dogs, . A...

Brown Hands the Police an Explosive New Dossier – London Business News | Londonlovesbusiness.com

Prince Andrew was dramatically arrested at Sandringham today as bombshell new claims rocked the Royal Family. The 66-year-old was held on suspicion of misconduct...

Mandelson’s lobbying firm enters administration amid scandal

Global Counsel, the lobbying firm founded in 2010 by Peter Mandelson, has entered administration following a wave of client departures linked to renewed...

Orbital AI data centers could work, but they might ruin Earth in the process

At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI  — were merging, and would...