bank of england

Pound falls as Super Thursday announcement cuts UK growth forecast

The British pound fell to its lowest level in a week on Thursday, after a hotly-anticipated announcement from the Bank of England cut the...
millenials

Millennials lack basic financial knowledge needed to organise savings

The millennial generation lack basic knowledge of financial instruments, according to new research, which may be having a knock-on effect on their ability to...
german

European Central Bank: Eurozone recovery “increasingly solid”

The Head of the European Central Bank (ECB) has said that the eurozone recovery is "increasingly solid", with fewer potential risks ahead. Speaking at a...
us growth

US growth slows sharply in Q1 to lowest level in three...

American economic growth slowed sharply in the first quarter of 2017, dropping to just 0.7 percent. Between January and March growth slowed to its lowest...
economic growth

Economic growth slips to 0.3pc heading into June election

Economic growth grew at a slower pace than expected in the first three months of the year, as Brexit uncertainty combined with the upcoming...

RBS reports first quarterly profits since 2015

The Royal bank of Scotland (LON:RBS) has reported a £259 million profit for the first quarter of 2017, the bank's first quarterly profit since 2015. The...

Lloyds profits double despite HBOS fraud and mis-sold PPI

Despite setting sums aside for the cost of compensating customers for fraud in the HBOS Reading branch and for payment protection insurance mis-selling, Lloyds Bank (LON:LLOY) have seen...

Government borrowing hits lowest level since 2008

With the economy proving to be more resilient than expected following Brexit, UK government borrowing has fallen to the lowest level since the financial...
startup

Foreign investment going from strength to strength, with finance leading the...

Foreign investment into the UK continues to go from strength to strength, despite worries it would begin to cool in the wake of the...
brexit

British public optimistic on business outlook ahead of Brexit

Over half of UK adults believe Brexit holds opportunities for British businesses, with many making a conscious decision to support UK-based companies to minimise...
house prices

First time buyers drive house prices to record high

House prices continued to rise in April to hit a record high, despite fears the market would slow in the wake of the referendum. Asking...
marine le pen

Euro jumps as Macron and Le Pen enter second round of...

Centrist Emmanuel Macron will go head-to-head with far right candidate Marine Le Pen the second round of the presidential elections, after initial favourite Francois Fillon...
London Stock Exchange markets

Market volatility continues as election goes to vote, FTSE250 recovers

Market volatility looks set to continue on Wednesday, ahead of a vote in Commons that will decide whether a snap election will take place...

Lloyds picks Berlin as new EU base in wake of Brexit

Lloyds (LON:LLOY) has reportedly chosen Berlin as its new European hub, following the UK's decision to leave the EU. The banking group hopes to change...
housing

Housing market stagnates as surveyor sentiment turns negative

The British housing market stagnated in March, leading surveyors to take a gloomier approach to the state of the economy. The number of sales and...
inflation

Inflation and wage growth growing closer – ONS

Inflation has started to catch up with wage growth as average weekly earnings stall, according to the latest figures released on Wednesday. Average weekly earnings...
marine le pen

How could a win for Marine Le Pen affect the financial...

A win for Marine Le Pen in the French presidential election could be the biggest geopolitical risk to face the Eurozone this year, having...
inflation

Inflation stays steady at 2.3pc, but analysts warn of impending increase

Inflation remained steady at 2.3 percent in March, its highest level in over three years. The 2.3 percent figure is the same as that for...
mark carney

Don’t give in to protectionism, pleads Mark Carney

Politicians must work to ensure that London retains its position as a global financial centre as Brexit negotiations begin, said Bank of England governor...
Trump

Donald Trump’s policies set to support US growth into 2018, says...

Donald Trump's proposed policies are likely to lead the US into a period of strong economic growth, according to global investment bank Pioneer Investments. The...