He said it was “reasonable” that financial markets were pricing in two or three rate cuts this year, but warned he would not “endorse” that view. “That’s not a prediction from me as to what’s going to happen, either on timing or amount, but I am encouraged,” he added.
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eBay boosted by Christmas surge in online orders
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The online marketplace said that a top trend for holiday shoppers in 2020 was purchasing refurbished gifts on the...
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Warning of wine and spirits shortage at Christmas
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Paddling pools for dogs boost Pets at Home sales
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“Covid-19 has structurally altered the dynamics of the UK pet care market, with changes to the way we work...
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Four ways Elon Musk might change Twitter
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Jamie Moles, senior sales engineer at cybersecurity firm ExtraHop, says that while removing the Twitter bots seems like a...
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Mortgage rates: Six reasons why the pain isn’t as bad as it could be
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First-time buyers too are open to changing their plans. At the Treasury Committee hearing in the Commons earlier in...
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Boohoo considers break-up as sales slide
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Boohoo is planning a major restructure that could see the break-up of the struggling online fashion firm whose brands...
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What high inflation means – in 90 seconds
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Annual inflation, the rate at which prices increase, was up at 5.4% in December, the highest value for almost...
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Pressure on Sunak as inflation hits new 30-year high
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