Tag results for: Bank of England

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...

Bank of England deputy governor says summer rate cut ‘possible’ – London Business News | Londonlovesbusiness.com

The deputy governor of the Bank of England has said that it is “possible” there could be a cut in interest rates this summer. ...

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Gold retreats following Friday’s strong rally – London Business News | Londonlovesbusiness.com

After a surge last week, gold prices retreated as traders moved to secure their gains. However, gold has held...

UK’s Defence Secretary escapes Russian missile attack during a visit to Ukraine – London Business News | Londonlovesbusiness.com

The newly appointed Defence Secretary John Healey visited Odesa on Sunday and the Labour Cabinet member has pledged £7.6 billion...

Hypersonic missiles rock Kyiv in ‘one of the worst attacks’ as a children’s hospital reduced to rubble – London Business News | Londonlovesbusiness.com

On Monday morning Russia launched a “massive” hypersonic missile attack on Kyiv and a children’s hospital was struck killing many....

Nothing’s budget-friendly brand CMF announced three new products, including a $200 smartphone

CMF, a budget-friendly sub-brand Nothing announced last August, has officially unveiled a trio of new products. There’s a smartphone, a watch and earbuds,...

AI-Powered Super Soldiers Are More Than Just a Pipe Dream

The day is slowly turning into night, and the American special operators are growing concerned. They are deployed to a densely populated urban...