Fiscal drag is damaging growth, says Bank rate-setter
Frozen personal tax thresholds are damaging economic growth, a Bank of England rate setter has warned.]]>...
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Chris Price
00:28
Reeves’s Budget to keep interest rates higher for longer, say economists
Rachel Reeves’s plans for increased borrowing and spending will force the Bank of England to hold interest rates higher for
Chris Price
23:34
Pound hits two-year high against euro
The pound has hit a two year high against the euro as traders bet that the European Central Bank will
Chris Price
07:22
US inflation exceeds expectations to hit 2.4pc
US inflation was higher than expected in September amid increases to food costs, but the annual increase in the consumer
Chris Price
10:33
Oil and FTSE plunge on China fears
Oil prices and the FTSE 100 plunged today after China held off announcing fresh measures to boost its economy.]]>...
Chris Price
12:19
Bosses’ confidence hits two-year low ahead of Budget
Bosses are the most pessimistic about Britain’s economy since they were picking up the pieces after the bond market turmoil
Chris Price
12:22
Germany to abandon hopes of economic growth
Germany’s government is poised to rule out any growth in Europe’s largest economy this year when it releases its latest
Chris Price
22:00
Europe facing gas shortage this winter, warn experts
Europe is facing a massive shortfall of natural gas this winter because of disruption in maintenance schedules on Norway’s gas
Chris Price
16:23
Strong inflation ‘closes the door’ on rate cut this week
Inflation remained stubbornly above the Bank of England’s 2pc target last month, official figures show, “closing the door” on the
Chris Price
05:19
$279bn wiped off Nvidia stock in Wall Street sell-off
American stock markets fell on Tuesday after manufacturing in the world’s largest economy contracted for a fifth month in a
