Pound spikes after vote of no-confidence called in PM Boris Johnson
Sterling’s rise reflected “hope that UK politics could be on the brink of pushing beyond scandal and distraction”, said one currency strategist
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Bank of England
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The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank was established in 1694 to act as banker to the Government. We are still owned by the Government, but we set monetary policy independently.
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BAT, Wizz Air, AVEVA and CMC results in focus for coming week
Other updates are expected from Atrato Onsite Energy, Gooch & Housego, Marks Electrical, NewRiver REIT and Tate & Lyle
Banks fall as mortgage lending data indicates housing sector is finally feeling squeeze
Timelier data suggest mortgage approvals will continue to decline over the coming months, economists said
Echoes of the seventies in the soaring twenties
That's soaring as in soaring inflation, soaring debt and soaring dissatisfaction with politicians
Rishi Sunak to pay for £15bn cost of living package with 'windfall tax'
Sunak said the oil and gas sector is making extraordinary profits due to rising commodity prices following Russia’s war on Ukraine
UK inflation jumps to highest since records began
The rampant inflation "heaps more misery on households and highlights the pressure on the Bank of England to keep raising interest rates", said one economist
FTSE 100 breaks three-day winning streak as UK inflation hits 40 year high
The FTSE 100 index closed 1.07% lower as investors wrestled with red-hot inflation data and the biggest squeeze on the cost of living since the 1970s
Bank of England governor warns of 'apocalyptic' food prices
Ukraine is a major producer of wheat but has been unable to complete exports since the invasion by Russia
Downing Street plans for Northern Ireland protocol 'could add to inflation'
More Brexit drama is weakening the pound, with short positions reaching extreme levels
How are the world's leading economies faring in 2022?
A combination of soaring energy, food and transportation costs are the main driving factors, as well as China’s most recent Covid-19 lockdown that’s adding to the global supply chain woes
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Malcy's Blog - Flash blog, Zephyr, i3, Harbour Energy.
Another flash blog today but as always any further comments will come later in the week.Zephyr EnergyZephyr has provided an update on first quarter 2022 hydrocarbon sales from its non-operated asset portfolio in the Williston Basin, North D
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FTSE 100 ends at session low, dropping back as investors globally batten down the hatches
The UK blue-chip index closed down 171.36 points, or 23% at 7,216.58, the session low and well below the day’s peak of 7,391.59
Bitcoin and Ethereum sink just like wider markets
The sourness echoed around much of the crypto market, with an overwhelming 97 of the top 100 trading in negative territory
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FTSE 100 ends "disappointing week" in the red as US jobs jump
The FTSE 100 ended Friday with a 1.54% decline as selling pressure continued across stock markets
Bank of England predicts double-digit inflation this year and recession in 2023
With most members of the MPC judging “some degree of further tightening” will be appropriate in coming months, financial markets indicated their displeasure
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Fuller Treacy Comment of the Day - Fed Hikes Rates up 5%, Politburo Meeting Brightens Mood for China Stocks, Rba Rate Rise Knocks Wind Out of ASX
Comment of the DayVideo commentary for May 3rd 2022A link to today's video commentary is posted in the Subscriber's Area. Some of the topics discussed include: stocks markets quiet ahead of Bank of England and Fed rate decisions, China rebo
US stocks close in the green after caution-driven day of trading ahead of Fed meeting
At the close, the Dow was up 67 points to 33,128 points. The S&P 500 gained 20 points at 4,175 points, and the Nasdaq was up 28 points, closing at 12,564 points
FTSE 100 turns around to end first trading day of May higher in an action-packed week
The UK blue chip index flip-flops in a week of key economic data and interest rate decisions
UK retail sales plunge as consumers cut back on food and petrol
Cost of living crisis sees bigger than expected fall in shop spending, as consumer confidence drops to its lowest level since financial crisis
Growing fears of recession in UK, US and Europe if central banks over-tighten
The IMF is expected to downgrade its global growth forecasts today