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News

  • May 9, 2024

Mortgage lending growth set to double next year as inflation eases and rate cuts loom

UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.

  • May 9, 2024

Barclays under fire from shareholders on fracking funding

Barclays has come under fire from its shareholders, including the Local Authority Pension Fund Forum (LAPFF), for providing financial support to fracking companies.

  • May 9, 2024

Devolution: Should London have power to raise its own taxes?

Calls for the government to share some tax revenue with devolved administrations - including in London - have been backed by organisations in the capital.

  • May 9, 2024

NATO must commit 2.5 per cent defence spending, Cameron to argue

NATO allies must commit to spending 2.5 per cent of GDP on defence, amid the need for a “harder edge for a tougher world”, David Cameron will say.

  • May 9, 2024

London’s ‘only live guided’ open-top bus operator sacks its tour guides for computers

An open-top bus firm that marketed itself as the only operator with a “live guide” in London has quietly sacked nearly all of its tour guides and replaced them with computers, City A.M. has learne

  • May 9, 2024

FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues

Asian markets mirrored Wall Street's mixed performance, with oil prices surged. All eyes were on the Bank of England's policy decision.

  • May 8, 2024

Sterling Trader's Watch: GBP/USD Slides as BoE Meeting Jitters Take Hold

GBP/USD traded cautiously lower in the lead up to the Bank of England rate setting meeting. A stronger dollar and an outside chance of a dovish statement weigh on the pair

  • May 8, 2024

Euro Hands Back Some Gains As June ECB Rate Cut Remains On Table

The European Central Bank is still expected to cut rates before the Federal Reserve. Can the Euro’s uptrend hang on?

  • May 8, 2024

USD/JPY Strength Highlights Japanese Yen’s Vulnerability to US Dollar Resurgence

USD/JPY has moved above 155.00 on the back of a stronger US dollar, leaving the pair vulnerable to another round of official intervention

  • May 8, 2024

FTSE 100 Makes yet Another Record High while DAX and S&P 500 Rally is Slowing Down

Outlook on FTSE 100, DAX and S&P 500 ahead of Thursday’s BoE monetary policy meeting.

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