bank of england

Bank of England vote 8 – 1 to keep rates at...

The Bank of England have voted to keep interest rates on hold at their record low of 0.25 percent, just one day after the...
federal reserve

US Federal Reserve vote 9-1 to hike interest rates

The US Federal Reserve raised the benchmark interest rate for the third time in a decade on Wednesday, pushing it up by a further 0.25...
National Insurance

Philip Hammond abandons National Insurance hikes

Chancellor Philip Hammond has abandoned proposed rises to national insurance, less than a week after the unveiling of his last spring budget after bowing to party...
consumers

Consumers “unfazed” by Brexit uncertainty, despite inflation worries

The UK consumer has decided to "keep calm and carry on" in the wake of Brexit, with a new report by HSBC suggesting that consumers...
Brazil

Brazil sinks further into worst-ever recession

Brazil sunk yet further into its worst-ever recession during 2016, according to figures released on Tuesday. The Brazilian economy has been hit by falling commodity...

Zero-hour contracts reach a record high

The number of people on the controversial zero-hour contracts has hit an all time high at 910,000. In 2005, there were just 100,000 people on zero-hour...
bank of england

Treasury’s redefinition of financial advice will enhance investor protection, says WMA

The Treasury's latest move to ensure that only regulated firms are able to provide financial advice to clients will enhance investor protection, says the...
Investor confidence

Investor confidence drop in February, but Americans remain optimistic

Investors in North America were the most confident in February, as risky asset prices deterred those from the rest of the world. The Global Investor...

UK Mortgage approvals hit a 12 month high

The British Bankers' Association approved the highest number of mortgages in a year last month, contrasting with the signs of a slowdown in economic momentum. New figure...
Barclays

Barclays sees profits almost triple to £3.2bn

Barclays (LON:BARC) reported a sharp jump in pre-tax profits from £1.1 billion in 2015 to £3.2 billion in 2016, almost tripling profits. The bank has...
Billington

UK economy performs better than expected, growth estimate revised upwards

The UK economy had its most recent growth estimate revised upwards to 0.7 percent, according to the latest figure from the Office for National...

Lloyds reports 158% jump in profits

Lloyds Bank (LON:LLOY) reported on Wednesday its highest full-year profit in a decade, suggesting its recovery from its past scandal could be drawing to an end. Pre-tax...
financial services

Sharp business rate rise causes controversy, with Amazon set to benefit

London is in “serious danger of losing its vital support system of micro and small businesses”, the Federation of Small Businesses has warned ahead...
UK households feeling the squeeze as consumer prices rise, says Markit

UK households feeling the squeeze as consumer prices rise, says Markit

The effect of rising inflation is beginning to have an effect on consumers, with UK households feeling a larger-than-expected squeeze on finances. According to the...
Animal Spirits

Will 2017 see the return of ‘Animal Spirits’?

The term 'Animal Spirits', coined by John Maynard Keynes, has been of particular interest in recent weeks by key analysts when considering the economic...
wealthify

Business rates to rise by 33 percent in fresh blow to...

Business rates are set to increase by 33 percent over the next five years, posing a new threat to the city of London's status...
UK unemployment

UK unemployment remains at 11-year low

UK unemployment levels remain at 11-year low at 4.8 percent, according to figures released by the Office of National Statistics (ONS). According to the data,...
wine

“Triple whammy” of threats set to hike the price of wine...

British wine lovers may face a significant increase in the cost of their favourite bottle, with experts warning that Brexit, inflation and a duty...
RSA

Rising fuel costs push UK inflation higher

Consumer prices hit their highest level in two and a half years in January, with rising fuel costs pushing inflation higher. Inflation reached 1.8 percent last...
Nearly half of UK investors positive about Brexit, according to new survey

Nearly half of UK investors positive about Brexit, according to new...

Nearly half of investors believe Brexit will actually have a positive impact on their investment strategies in 2017, according to a new survey, but are...