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UK: Bank of England cuts interest rate to 4.5 pct
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
Sensex, Nifty trade lower; European mrkt decline
ITC (down 2.06%), Britannia Industries (down 1.84%), State Bank of India (SBI) (down 1.64%), Tata Consultancy Services (TCS) (down 1.51%) and Apollo Hospital Enterprise (down 1.49%) were the major ...
LONDON BRIEFING: L&G plans investor return as sells US protection arm
(Alliance News) - London's FTSE 100 is called to open lower on Friday, as investors digest a Bank of England rate cut and look ahead to a US jobs report. According to FXStreet cited consensus, the ...
Santander making change to savings accounts and 'will contact customers'
Santander has announced changes to its mortgage and base rate linked savings products following the Monetary Policy Committee ...
PropertyWire3h
Three more base rate cuts expected this year
The markets expect there to be three more base rate cuts this year, which means it should be down to 3.75% by the close of ...
Pound Sterling Price News and Forecast: GBP/USD remains depressed for the second straight day
GBP/USD shuddered on Thursday, punching in a technical rejection from key averages and testing below the 1.2400 handle. The ...
Savers warned over next steps as 'window may be closing' after Bank of England decision
Paul Noble, CEO of Chetwood Bank, warned: “Savers should take this as a reminder that the window for securing the best rates ...
Indian stock market: 8 key things that changed for market overnight ahead of RBI policy - Gift Nifty to Amazon earnings
Gift Nifty was trading around 23,710 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating ...
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which has to deal with volatile policies.
GBP/USD pulls back after BoE rate cut
GBP/USD shuddered on Thursday, punching in a technical rejection from key averages and testing below the 1.2400 handle. The ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...