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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Bank boss says UK interest rate cut ‘on the way’
admin, , Business, 0
He said it was “reasonable” that financial markets were pricing in two or three rate cuts this year, but...
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Post Office plan to sack Horizon IT reviewer kept secret, documents reveal
admin, , Business, 0
The Project Sparrow sub-committee was led by Post Office chair Alice Perkins and included chief executive Paula Vennells, alongside...
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More pain for renters as landlords look to sell up
admin, , Business, 0
“Interest rate rises are also impacting the rental sector and combined with looming reforms proposed in the government’s Renters...
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HS2 may now run to central London, minister says
admin, , Business, 0
The HS2 railway line is likely to be extended to London Euston, the transport secretary has signalled. Louise Haigh...
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Arcadia: ‘No last minute rescue’ for Topshop owner
admin, , Business, 0
The company, which includes Topshop, Burton and Dorothy Perkins, is set to enter administration on Monday.
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South Africa load-shedding: The roots of Eskom’s power problem
admin, , Business, 0
If you are looking to understand South Africa’s current struggles – its soaring crime and unemployment rates, its stubborn...
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What’s going on in the battle for the Telegraph?
admin, , Business, 0
What’s in it for the other bidders? Nothing really. The other bidders have spent time and money preparing proposals...
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Royal Mail £5.6m fine a wake-up call, says watchdog
admin, , Business, 0
“Clearly, the pandemic had a significant impact on Royal Mail’s operations in previous years. But we warned the company...
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