United Kingdom - Blue Finessence

Treasury should tax big banks on quantitative easing windfalls, argues thinktank

IPPR says Rachel Reeves should also urge Bank to halt bond sales to reduce government losses of £22bn a year Rachel Reeves should levy a new bank tax and urge the Bank of England to halt bond sales to reduce the government’s £22bn-a-year losses from quantitative easing, the

UK faces ‘acute challenge’ from weak growth and shrinking workforce, says Andrew Bailey

Bank of England governor tells Jackson Hole summit that ageing population is adding to the squeeze Britain faces an “acute challenge” from its weak underlying economic growth and a drop in the number of workers since the pandemic, according to the Bank of England governor, Andrew Bailey. A

Liz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks

Britain’s shortest-serving prime minister also critical of Bank of England and European Central Bank Business live – latest updates Donald Trump’s assault on the independence of the US Federal Reserve has been backed by Liz Truss, the shortest-serving British prime minister in history, who was ousted after a

US financial giants boost UK investments and jobs across London, Edinburgh, Belfast and Manchester

The Government has announced over £1.25 billion of inward investment from US finance companies, creating 1,800 UK jobs. HM GovernmentSource

How can the UK avoid trouble in the gilts market? | Sushil Wadhwani

The government needs bold policies in the autumn budget that will change the narrative without startling the markets Assume that Rip Van Winkle had gone to sleep on the eve of the US election on 4 November 2024 and had woken up on 1 September 2025 and was

UK inflation rises by more than expected to 3.8% amid higher food prices

Annual July rate all but rules out possibility of a further Bank of England interest rate cut this year Rail fares in England expected to rise by 5.8% next year Business live – latest updates UK inflation rose again last month to a higher-than-expected 3.8% amid higher food

Reeves and Starmer to prepare ground for tax rises in a difficult autumn budget

Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy The chancellor and prime minister will begin to prepare the ground for tax rises and reforms from September as part of a strategy to prepare the country for a difficult budget that could

Reeves and Starmer to roll the pitch for tax rises in a difficult autumn budget

Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy The chancellor and prime minister will begin to pitch-roll tax rises and reforms from September as part of a strategy to prepare the country for a difficult budget that could be held in

UK services sector has biggest fall in orders for nearly three years

Figures add to pressure on Bank of England to cut interest rates when it meets on Thursday Business live – latest updates The UK’s dominant service sector has reported its biggest drop in new orders in almost three years in July, adding to pressure on the Bank of

Bank of England cuts interest rates as it warns food costs could push inflation to 4%

Bank’s policymakers cut base rate by quarter point to 4% amid concern about strength of UK economy • Business live – latest updates • What the rate cut means for mortgages and savings? The Bank of England has warned that soaring food prices could drive inflation to 4%

Category: United Kingdom