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report on business
Inflation jump deepens cost-of-living crisis in Britain
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european business
British inflation unexpectedly rose to 10.4% in February, putting pressure on BoE to increase rates again
(FILES) In this file photo taken on May 12, 2022 The price of fruit and vegetables in pounds sterling is displayed on a trader's market stall in London. - British annual inflation unexpectedly accelerated in February despite central bank efforts to tame a growing cost-of-living crisis, official data showed on March 22, 2023. "Food and non-alcoholic drink prices rose to their highest rate in over 45 years with particular increases for some salad and vegetable items as high energy costs and bad weather across parts of Europe led to shortages and rationing." (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)
european business
Bank of England governor says it’s too soon to be certain about future path of rate policy
FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga Akmen/Pool via REUTERS
european business
Britain’s housing market slowed, credit card borrowing accelerated in November
FILE PHOTO: Estate agents boards are lined up outside houses in south London June 3, 2014. REUTERS/Andrew Winning
investment ideas
The grand 2022 central bank finale and other world market themes for the week ahead
People stand outside the Bank of England in the City of London financial in London, Britain, Oct. 3.
report on business
Mark Carney emphasizes fiscal discipline in wake of U.K. crisis and Canada’s march toward recession
Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. Carney's credibility as a global climate finance leader is under fire as environment lobby groups say he is allowing some of the biggest banks to use him as cover to keep funding fossil fuels. THE CANADIAN PRESS/AP/Kirsty Wigglesworth,pool
report on business
U.K. finance minister Jeremy Hunt vows to win back financial market trust
FILE PHOTO - British Chancellor of the Exchequer Jeremy Hunt speaks during an interview with television correspondent Robert Peston outside the BBC headquarters, in London, Britain, October 15, 2022. REUTERS/Henry Nicholls
european business
British labour market exodus drives unemployment rate down to 3.5%
FILE PHOTO: People walk past a branch of Jobcentre Plus, a government run employment support and benefits agency, as the outbreak of the coronavirus disease (COVID-19) continues, in Hackney, London, Britain, August 6, 2020. REUTERS/John Sibley/File Photo/File Photo
european business
Bank of England’s Bailey gives U.K. funds three-day deadline to fix problems
(FILES) In this file photo taken on September 29, 2022 people walk past The Bank of England in central London. - The Bank of England on October 11, 2022 unveiled yet more measures aimed at calming markets rocked by a UK budget as it warned over risks to the nation's financial stability. The week had already seen action taken by the BoE and UK government aimed at bringing calm to bond markets in particular as state borrowing soars. (Photo by ISABEL INFANTES / AFP) (Photo by ISABEL INFANTES/AFP via Getty Images)
inside the market
It’s looking a lot like the 1970s again. And that’s good for dividend stocks
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2022. REUTERS/Brendan McDermid
opinion
British market turmoil signals no tolerance for experimentation right now
David Parkinson
investment ideas
A bumpy home straight: World market themes for the week ahead
The New York Stock Exchange building is seen, Tuesday, Sept. 27.
investment ideas
Wild UK market swings ‘opportunity of a lifetime’ for hedge funds
Citibank and J P Morgan buildings are seen in the financial district of Canary Wharf in London, Britain Jan. 19, 2017.
european business
Bank of England says it won’t take ‘risky bets’ to help City of London’s competitiveness
Plants are seen at the Bank of England in London, Tuesday, Sept. 27, 2022. The British pound has stabilized in Asian trading after plunging to a record low, as the Bank of England and the British government try to soothe markets nervous about a volatile U.K. economy. The instability is having real-world impacts, with several British mortgage lenders withdrawing deals amid concern that interest rates may soon rise sharply. (AP Photo/Frank Augstein)
investment ideas
Bank of England eyes market turmoil, ‘will not hesitate’ to act
Office lights are on in banks as dawn breaks behind the financial district of Canary Wharf, in London, Britain June 24, 2016.
investment ideas
Navigating the energy shock and other world market themes for the week ahead
The gas compressor station, a part of Polish section of the Yamal pipeline that links Russia with western Europe which is owned by a joint venture of Gazprom and PGNiG but it is operated by Poland's state-owned gas transmission company Gaz-System, is seen in Gabinek near Wloclawek, Poland May 2.
european business
British inflation to hit 18% in early 2023, Citi forecasts
FILE PHOTO: A employee arranges produce inside a Sainsbury’s supermarket in Richmond, west London, Britain, June 27, 2022. REUTERS/Henry Nicholls
international business
U.K. economy shrinks in second quarter, sharpening recession fear
FILE - People walk outside the Bank of England, in the financial district known as The City, in London, Thursday, June 16, 2022. U.K. inflation accelerated to a new 40-year high in June, driven by rising food and fuel prices. Bank of England Governor Andrew Bailey said Tuesday, July 19, 2022, that the bank is likely to consider raising interest rates by 0.5 percentage points at its next meeting to help control inflation. (AP Photo/Alberto Pezzali, File)
international business
Bank of England’s Huw Pill says rate hikes won’t feed through until late 2023
FILE PHOTO: Pedestrians walk past the Bank of England, in London, Britain, August 8, 2022. REUTERS/Toby Melville/File Photo
market news
The close: TSX edges up amid flood of earnings, but oil sector continues to tumble
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 4, 2022. Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. (AP Photo/Ahn Young-joon)
international business
Bank of England tells lenders to brace for economic storm
FILE PHOTO: The Bank of England (BoE) building is reflected in a sign, London, Britain, December 16, 2021. REUTERS/Toby Melville
european business
U.K. inflation hits 40-year record at 9.1%, highest in G7
FILE PHOTO: The Bank of England (BoE) building is reflected in a sign, London, Britain, December 16, 2021. REUTERS/Toby Melville/File Photo
investment ideas
British Pound: The sick man of the currency world
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria, Nov. 16, 2017.
investment ideas
Spiking ‘Misery Indexes’ dare central banks to blink
A man stands outside the Bank of England in London on April 19, 2017.
market news
The close: Meta plunges and sets off Wall Street’s worst drop in nearly a year
Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020.
investment ideas
Hawks hover, doves in danger: World market themes for the week ahead
The Bank of England is seen in London March 19, 2008.
international business
Digital pound could harm financial stability and erode privacy, British lawmakers warn
FILE PHOTO: A general view shows The Bank of England in the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley/
investment ideas
It’s a wrap: World market themes for the week ahead
A customer shops in a Walmart store during Black Friday on Nov. 26 in Houston.
european business
Bank of England surprises with interest rate hike as inflation pressures mount
FILE PHOTO: People walk past the Bank of England, in London, Britain October 31, 2021. REUTERS/Tom Nicholson
analysis
The poisoned chalice of the Fed chair job
FILE PHOTO: Federal Reserve Chair Jerome Powell listens as U.S. President Joe Biden nominates him for a second four-year term in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021. REUTERS/Kevin Lamarque/File Photo
investment ideas
Counting the (housing) cost in China and other world market themes for the week ahead
The Evergrande Group headquarters at left is seen near other skyscrapers and construction sites in Shenzhen in southern China's Guangdong province, Friday, Sept. 24.
investment ideas
Unreliable boyfriends? BoE and other central banks rankle investors
investment ideas
It’s now or never: World market themes for the week ahead
Banners are displayed near the venue where the U.N. climate conference will be held in Glasgow, Scotland, Friday, Oct. 29.
european business
Britain’s economy regains momentum in October despite consumer gloom, inflation surge
People shop at market stalls, with skyscrapers of the CIty of London financial district seen behind, amid the coronavirus disease (COVID-19) pandemic, in London, Britain, January 15, 2021. REUTERS/Toby Melville/Files
analysis
Rising inflation pierces investor complacency
A businessman places his hand on his head as he is perplexed by a chart indicating rising interest rates.
investment ideas
Bond markets show rising risk of Fed, BoE policy errors
Flowers in bloom are seen opposite the Bank of England, in London on Aug. 1, 2018.