The Bank of England has reduced interest rates from another percentage point, which reduced the cost of the loan to 4.5%. And in a sign that households can expect more cuts in the coming months, two members of the BankThe Monetary Policy Committee said they would have preferred to reduce the rates even more, half … Read more
For three days, Donald Trump dominated Davos from a distance. The fourth, he did it in person, albeit virtually, with a speech that took his threats of economic conflict with Europe directly to its political leaders. Stripped from the White House to the World Economic Forum, he delivered a message of complete confidence in American … Read more
Rachel Reeves’ trip to China – the first by a British chancellor since 2019 – was always going to spark controversy. In recent years Conservative governments have kept Beijing remotely – amid concerns about espionage, the situation in Hong Kongand the treatment of Uighurs. David CameronThe so-called “golden age” of commitment to continued economic investment, … Read more
How concerned should Rachel Reeves be that interest rates on government bonds have reached their highest levels in more than a quarter of a century? More to the point, how worried should we be about this? After all, the interest rate on 30-year government bonds (“Gilts,” as they are called) reached 5.37% today – the … Read more
The Prime Minister and Chancellor were in sync as they reacted to the GDP figures released on Friday morning. “Disappointing,” said the Prime Minister’s spokesperson, echoing Rachel Reeves» the words two hours earlier. THE The British economy has contracted for one second monthcontracting by 0.1% in October. Money Blog: Latest Updates Please use Chrome browser … Read more
As the world looks toward 2025, the global economy finds itself at a fascinating crossroads. With dynamic changes in geopolitics, technological advancements and evolving consumer behaviors, forecasting the economic landscape has never been more complex. And yet, analyzing emerging trends and indicators can provide valuable insights into what lies ahead for nations, businesses and individuals. … Read more