UK Faces Recession Risk as Iran War Threatens Growth and Inflation
The UK risks finding itself on the brink of recession as a result of the Iran war, a…
Surging business costs threaten UK’s economic stability
UK business costs are surging at their fastest pace since the pandemic, with the latest ONS Producer Price…
UK food inflation could hit 7% – Bank of England survey
UK food inflation could reach 7% this year, businesses have told the Bank of England. In the bank’s…
ECB interest rate dilemma: Eurozone growth stalls as Iran war fuels inflation
As the European Central Bank (ECB) enters its pre-meeting quiet period before the interest rate decision next Thursday,…
UK Inflation Set to Jump to 3.3% as Iran War Hits Petrol, Airfares, and Rent
Inflation is expected to jump to 3.3 per cent as the first effects of the war in Iran…
Inflation stays at 3% but Iran war set to send prices spiralling
UK inflation stayed at 3 per cent in February, the latest figures show – though with the war…
Interest rate cuts not on the horizon, Bank of England governor says
Reopening the Strait of Hormuz is “the best thing to do” to prevent interest rates rising, Bank of…
Dollar steady as markets brace for busy central bank week amid Mideast war
By Rae Wee SINGAPORE, March 16 (Reuters) – The dollar held near a 10-month high on Monday in…
Central Banks Scramble as War Drives Up Inflation Expectations
Energy shocks rarely remain confined to energy markets. They propagate through bond markets, fiscal balances and inflation expectations,…
Middle East energy shock could derail BoE’s disinflation path
Investing.com — The Bank of England (BoE) is facing a renewed inflationary threat as surging energy prices, triggered…
Why China’s path to ‘financial superpower’ status could begin in Hong Kong
When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago,…
Martin Lewis alert over Universal Credit ‘exception’ for savers
He shared several tips about how to build up your savings Martin Lewis has shared advice on his…