City Comment: We’re never more than a day away from a fresh bout of panic
The quarter-point rise comes amid growing talk in the City that rates are now near their peak
The announcement came as the bank announced it would raise interest rates to 4.25%
To hike or not to hike: the US central bank’s dilemma as interest rates bite into banks but its inflation fight is not yet over
Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week
The pension lifetime allowance abolished and the energy price guarantee extended, while draught beer duties will be frozen
42% of Londoners think they are underpaid, but only 30% will ask for more money, a survey has found
Monetary Policy Committee member Swati Dhingra said that “further tightening is a bigger risk” than holding interest rates at 4%
The CAA said the charge “recognises that passenger volumes are expected to return to pre-pandemic levels”
However, salary increases could be slowing more quickly than price rises
UK is also ranked ninth of 20 European countries in graduate finance salaries
Recent research on the rise of so-called ‘necessity entrepreneurs’ in the UK has shown that around 50% of under 35’s now have side hustles, writes Professor Stefan Allesch-Taylor
Data based on spending by Revolut card users found “in-store spending remained flat”
City Comment: Hunt’s good fortune may well turn out to be more for Keir Starmer’s benefit than Rishi Sunak’s
February private-sector output was up for the first time since July 2022, according to S&P; Global
City Comment: London may finally be recovering its pre-Brexit poise
The latest deal is the third pay rise negotiated by union Usdaw for Tesco workers in the space of 10 months
A delegation from Western Australia is coming to the capital to recruit police officers, nurses and a range of other workers
City Comment: It’s too soon to let remuneration rip
City Comment: CEO Chris O’Shea will have to divert his energies towards restoring British Gas’s reputation before he can turn his attention to his day job
Revenue and profit both grew in 2022 thanks to strong performances for its money and travel arms
Index of top London-listed companies has repeatedly broken records this month
City Comment: There are good reasons to think the worst of the inflation firestorm may well be over
City Voices: Effective public policy can ensure that emerging technologies improve productivity and working conditions, not replace workers
Is it a problem that nobody can hold down the Business Minister position for long?
The digital currency would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online
Catherine L. Mann said the risk of being too cautious in raising rates is greater than the risk of being too aggressive.
The capital’s economy took a harder hit from Covid than any other region when its lifeblood of daily commuters and tourists dried up
City comment: Economic crime ultimately hits all of us through higher prices and insurance premiums
The electricity network operator pledged to raise spending on critical infrastructure to £40 billion by 2026
The rise in mortgage costs is expected to have a huge knock on effect on consumer demand as home owners cut back on their spending
Britain’s new prime minister needs to be fiscally conservative, provide targeted support for the very poorest, and implement radical supply side reforms.
The manufacturing sector saw a net loss in jobs numbers for the first time in almost two years
The UK is the only major Western European country that grew its cryptocurrency market over the past year
