Prices in the UK increased by 1.6 per cent in December, as the impact of a weaker pound continues to feed through on consumer shopping baskets.
In November annual consumer price inflation of 1.2 per.. City A.M.
Inflation in Britain rose strongly in December – linked to the Brexit vote. The large fall in the value of the pound against other currencies since last June’s referendum has pushed up the cost of.. Source: Euronews English -
Jan.16 -- Tim Fox, chief economist at Emirates NBD, discusses the outlook for Brexit negotiations and the British pound with Bloomberg's Yousef Gamal El-Din and Shery Ahn on "Bloomberg Markets: Middle.. Source: Bloomberg Global Business -
Bank of England Governor Mark Carney said Britain's giant financial services industry could suffer "outsize" consequences from losing only some of its access to markets in the.. Source: Rumble -
Bank of England Governor Mark Carney said Britain's giant financial services industry could suffer "outsize" consequences from losing only some of its access to markets in the European.. Source: Business Video Online -
The Governor said that if the Bank's Monetary Policy Committee had not reduced the cost of borrowing by 0.25 per cent last August a quarter of a million UK jobs would have been lost due to lower growth Independent
The UK's monetary policy will need to adaptive and flexible post-Brexit to respond to trade agreements and the effect uncertainty will continue to have on sterling, the governor of the Bank of England.. City A.M.
The City is shifting to a new focus on best possible access to Europe's Single Market, rather than pinning hopes on continued membership of the trading bloc, as it prepares for the Prime Minister to.. City A.M.
One of the City's oldest cigar shops has shut its doors after serving the great and the good of the Square Mile for almost 200 years.
Smokers Paradise, a shop which was based in the iconic Royal.. City A.M.
The bank for central banks has today pointed the finger at inexperienced traders as one of the causes of last October's sterling flash crash.
On 7 October last year, sterling plummeted around nine.. City A.M.
Mark Carney isn’t the kind of man to lose his temper in public. Perhaps he isn’t even the kind of man to lose his temper at all. Still, if he was ever to come close to doing so it may well have.. City A.M.
Odey calling UK central bank leader Mark Carney a “madman in the basement”; an exit interview with Jason Furman; Kocherlakota’s argument for fiscal expansion in the US; Shiller and Zingales on.. FT.com
A junior minister from the Brexit department has today become the latest in a string of voices to say a bad Brexit deal will harm Europe.
In a grilling with the House of Lords on transition.. City A.M.
The FTSE 100 was closing in on its longest winning run since the index started 33 years ago, as the continued weakness in the pound pushed the index over 7,300 for the first time.
London’s blue.. City A.M.