UK business growth slows as budget uncertainty hits investment plans; German recession ‘baked in’ – business live
Fiscal policy uncertainty ahead of the Autumn Budget is biggest fear for companies, survey finds, while Germany’s malaise ...
Sterling feeds on peculiarly high BoE 'terminal rate'
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...
FTSE 100 Live: HSBC Sees BOE Cuts at Every Meeting in 2025
It said that consumer confidence fell by the most since the energy price spike in 2022 that followed Russia’s invasion of Ukraine. The overall reading for September was down to minus 20 from minus 13 ...
Cautious Bank of England hold rates, extends bond reduction plan
The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future cuts, and also held off ...
State Street’s Graf Says Market Too Hawkish on UK Rates Path
The Bank of England needs to cut rates more aggressively than markets are pricing, given the nation’s economic woes and ...
BOE Vows Gradual Approach to Easing With Vote to Hold Rates
The Bank of England warned investors it won’t rush to ease policy, as it held fire on another cut in borrowing costs and ...
Mexican Peso weakens, especially vs. Pound Sterling after UK data
The Mexican Peso is trading down in its key pairs on Wednesday. It is weakening against the Pound Sterling after the release ...