Laith Khalaf, head of investment analysis at AJ Bell, said it was “almost certainly too early for the Bank of England to pull the trigger on a rate cut right now”, especially against the backdrop of the US central bank, the Federal Reserve, warning its interest rate could stay high.
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AI to hit 40% of jobs and worsen inequality, IMF says
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“It is crucial for countries to establish comprehensive social safety nets and offer retraining programmes for vulnerable workers,” Ms...
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High Streets: ‘Catastrophic blow’ as business rates appeals denied
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“By providing more targeted support than the business rates appeals system, our approach will help protect and support jobs...
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UK defence firm bid monitored by government
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In a stock market statement, Ultra said the £35.16-a-share offer would be subject to “consideration and satisfactory resolution of...
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Holidaymakers caught out by 10-year-passport rule
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“But if you’re travelling later, maybe in the May bank holidays or the summer holidays then you’ve got time...
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Defence firm Meggitt’s new US owner in jobs pledge
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Sir Nigel Rudd, chairman of Meggitt, said: “Meggitt is one of the world’s foremost aerospace, defence and energy businesses,...
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US economy adds more jobs than expected in July
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“This is a strong report,” said Aberdeen Standard Investments deputy chief economist James McCann, adding that it would “cement”...
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UK car production tumbles to ‘worst in a generation’
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Shipments to the US, Japan and Australia last year all fell, down 33.7%, 21.6% and 21.8% respectively. Exports to...
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Food banks forced to buy groceries due to shortages
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It is the same story at the other end of the country. In Bromley, south east London, the Living...
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