Tag results for: Bank of England

Sticky inflation leaves the Bank of England in a bind – London Business News | Londonlovesbusiness.com

The unexpected pickup in UK inflation to 3.6% in June, from 3.4% in May and just 2.0% in the same month a year earlier, will add to economic...

Bank of England must cut rates despite hotter-than-expected inflation – London Business News | Londonlovesbusiness.com

The Bank of England should press ahead with cutting interest rates next month – despite a surprise uptick in inflation – says the CEO of one of the...

A Bank of England rate cut next week is the only rational move – London Business News | Londonlovesbusiness.com

If the Bank of England holds interest rates steady again next week, it would be indefensible. The UK economy is clearly suffocating under the weight of tight policy, and...

Bank of England could cut the base rate if one thing happens – London Business News | Londonlovesbusiness.com

The Bank of England governor Andrew Bailey has said there could be a cut in interest rates if the jobs market slows. Amid the Chancellor’s decision in “adjusting employment”...

Bank of England governor warns Chancellor’s employers tax hikes is affecting pay and jobs – London Business News | Londonlovesbusiness.com

The Bank of England governor Andrew Bailey has warned there is evidence that the Chancellor’s employers tax increases is hitting workers pay and affecting jobs. The bank’s governor warned...

Bank of England hold interest rates due to a ‘highly unpredictable’ world – London Business News | Londonlovesbusiness.com

The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 4.25% due to a “highly unpredictable” world as energy prices are rising. The MPC said they...

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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...