Authored by Chris Martenson via PeakProsperity.com,
Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: *Today's.. Zero Hedge
Several "credible" parties have expressed their interest in buying the Co-operative Bank, the lender said today.
The bank, which put itself up for sale last month, said in an update to the market:.. City A.M.
Inflation in Britain surged again last month. Consumer prices were up by a stronger-than-expected 2.3 percent thanks to more expensive fuel and food. That was up from the previous month’s 1.8 percent.. Source: Euronews English -
British inflation last month shot past the Bank of England's 2 percent target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising.. Source: Rumble -
Mar.21 -- U.K. inflation grew faster than expected in February, moving past the Bank of England's target for the first time in more than three years. Bloomberg Intelligence's Dan Hanson reports on.. Source: Bloomberg Global Business -
Investors await earnings from Nike after the closing bell. Analysts expect the company to earn $0.52/share on $8.45 billion in revenue. Other companies reporting include FedEx , General Mills , Lennar.. Source: The Street -
Mar.16 -- Elsa Lignos, senior currency strategist at RBC Capital Markets, reacts to the Bank of England's interest rate decision and looks at the response of the British pound. She speaks with.. Source: Bloomberg Global Business -
Higher inflation may not automatically lead to an interest rate rise, according to one of the Bank of England’s top officials.
Gertjan Vlieghe, one of the members of the rate-setting Monetary.. City A.M.
Some nine months ago, the UK referendum on European Union membership was a fantastic exercise in democracy and, irrespective of individual political persuasion, engaged sections of society that were.. City A.M.
Growth in London will outpace the rest of the UK over the next two years, according to a new study.
The capital’s economy will see two per cent growth this year before slowing slightly to grow by.. City A.M.
A new plastic £20 note is on its way and will be graced by Britain's favourite artist.The Bank of England has revealed details of the new note, following the successful launch of the polymer fiver.It.. Gloucestershire Echo Also reported by •Gloucester Citizen •Stroud Life •Hull Daily Mail
The boss of Secure Trust Bank said today he is not interested in snapping up Co-op Bank, after reporting his bank had a record year for profits.
Co-op Bank, which is currently 20 per cent owned by.. City A.M.
UK inflation hits its highest level in almost three and a half years. We look at the damage inflation can inflict on your money and investments.
UK inflation has hit its highest level in almost.. City A.M.
Car and tech firms may be ramping up their efforts to deliver driverless cars to the masses, but interest in the vehicles across Europe is waning.
According to a global automotive study by Deloitte,.. City A.M.
The devaluation of sterling since the EU referendum could prompt an increase in business investment if exporters look through trade uncertainty, according to a deputy governor of the Bank of.. City A.M.
Inflation should be a concern for investors as well as consumers. The Bank of England anticipates that price rises will accelerate this year and peak at 2.8 per cent in early 2018.
These predictions.. City A.M.
British business investment intentions have picked up, according to a survey by the Bank of England, despite weakening retail sales casting a pall over consumer prospects.
The increase in investment.. City A.M.
Spring is here and it's a golden opportunity to sort out your finances before the end of the tax year on 5 April.
And this year savers have an additional reason to get out in front: inflation... City A.M.
Britain's incoming wave of inflation is expected to be temporary, driven by a weaker pound and higher global energy costs, rather than a pick-up in the fundamental factors that can prompt a.. City A.M.
Scottish first minister Nicola Sturgeon has been accused of a “tin pot” approach to independence as Holyrood debates her call for a new referendum.
MSPs are expected to vote tomorrow in favour.. City A.M.
*Jonathan Portes, professor of economics and public policy at King’s College London, says Yes.*
Most forecasters got the near-term outlook for the UK economy after the Brexit vote badly wrong. But.. City A.M.