What does the Bank of England interest rate cut mean for mortgages and savings?
The Bank of England has cut interest rates from 4.75% to 4.5% – the lowest level since June 2023. Will…
Tag: Economics
UK interest rate cut: what does it mean for mortgages and savings?
The Bank of England has cut interest rates from 4.5% to 4.25%. It follows two interest rate cuts in the…
The Guardian view on global inequality: the rising tide that leaves most boats behind | Editorial
This year’s global wealth report by the City bank UBS confirms what is self-evident but rarely confronted: while riches are…
Despite Trump, the US economy remains surprisingly resilient. But for how long? | Richard Partington
Chaotic and unpredictable, keeping up with Donald Trump’s volatile trade war – never mind his presidency – can be tough.…
FTSE 100 hits record high as investors shrug off trade war concerns
The FTSE 100 index of the most valuable companies on the London Stock Exchange has soared to a record high…
Two trade deals and a rate cut in one week … are things looking up for UK plc?
You wait three years for a trade deal and then two come along at once. As of Monday, the UK…
Nationwide warns Reeves against cutting tax breaks on cash Isas
Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash Isas,…
Markets rally after Trump announces tariff deal with Japan
Financial markets around the world have rallied after Donald Trump announced a trade deal with Japan and speculation that a…
Wall Street and European markets finish week on a high after US jobs report
Markets on both sides of the Atlantic rose on Friday after hiring in the US slowed less than expected in…
From Krispy Kreme to GoPro, has meme-stock trading frenzy returned?
Shares in struggling retailers and ageing consumer brands surged, as amateur traders cast aside Wall Street’s skepticism and mobilized online.…