Tag results for: Bank of England

The UK economy is picking up steam, but more needs to be done, says CBI – London Business News | Londonlovesbusiness.com

With the General Election a matter of weeks away, the focus is firmly on the UK economy. The latest CBI economic forecast points to...

UK service sector showed ‘reasonable rate of expansion’ as inflation falls – London Business News | Londonlovesbusiness.com

Last month growth in the UK’s services sector slowed as inflation fell to the lowest in three years. According to the S&P Global UK...

Cash is officially King as new banknotes enter circulation – London Business News | Londonlovesbusiness.com

Today marks the first day that banknotes of King Charles III officially enter circulation which will co-circulate alongside Queen Elizabeth II. King Charles portrait...

Experts warn smaller than expected inflation drop means a delay in interest rate cuts – London Business News | Londonlovesbusiness.com

Investment analysts Saxo say though cost of living in UK has dropped they are not at the levels needed for the Bank of England (BoE)...

GBP strengthens as inflation decelerates less than expected – London Business News | Londonlovesbusiness.com

The Pound rose to hit the 1.276 mark against the dollar, representing the strongest appreciation in the last two months as the market has reacted...

GBP/USD: Facing critical resistance levels awaiting new catalysts – London Business News | Londonlovesbusiness.com

The GBP/USD pair is holding onto small gains above 1.2700 in Tuesday’s trading. Investors are awaiting new catalysts as several Federal Reserve officials and...

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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...