Bank of England

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Analysis: Massive turnaround for stocks puts traders on alert for more volatility

An eye-popping turnaround in stocks may be less bullish than hoped for, with traders saying short-term hedging activity buoyed equities…

3 years ago

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Analysis: British banks’ mortgage payday comes with sting in the tail

While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country's…

3 years ago

Stocks ease as Ukraine attacks and rate outlook spark flight to havens

Global shares dropped on Monday after Russian missiles pounded cities across Ukraine and as renewed concern about the economic outlook…

3 years ago

Morning Bid: Oil and jobs

World markets calmed a bit on Wednesday after a tumultuous couple of weeks - but a focus on energy prices…

3 years ago

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards…

3 years ago

Morning Bid: The 75bp club

Most of world's major central banks are now going up a gear with historically sweeping interest rate rises to cool…

3 years ago

UK midcaps at three-week low as recession fears grow

UK midcaps hit a three-week trough on Monday while the export-centric FTSE 100 eased from its recent peak on fears…

3 years ago

Morning Bid: Yuan, euro and pound head down the Hole

Global central banks are scattering again, propelling a resurgent U.S. dollar to its highest in almost two years against China's…

3 years ago