Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
🎫 A reminder that tickets for this afternoon's clash will be on sale at Oakwell!
There's a £2 price rise for Adults & Concessions ... Show more #BARREA #ReadingFC
We’re sick of Liverpool taking us for granted – fans are being priced out: Without us, Liverpool would be just another stadium and just another club
inews.co.uk/sport/football/liverpool-taking-fans-granted-priced-out-3003868
New health centre plan for town north of Bristol scaled back: Thornbury Hospital closed in 2019 and has been left empty since then
bristolpost.co.uk/news/bristol-news/new-health-centre-plan-town-9218878
Macroeconomists, meet Hank: how new models are changing the discipline: Incorporating inequality into the field is an uphill battle
ft.com/content/e0b2b64d-9ab0-4318-b753-3b981299f3ae
Stocks on Wall Street got a boost after fresh economic data rekindled hopes that inflation remains in a downward trend. The Dow remained steady ... Show more www.reuters.com/markets/us/futures-slip-rate-cut-hopes-ebb-2024-04-11/
Rishi Sunak responds after revelation that Sussex Police officers feel ‘worse off’ financially than they did five years ago
sussexexpress.co.uk/news/politics/rishi-sunak-responds-after-revelation-that-sussex-police-officers-feel-worse-off-financially-than-they-did-five-years-ago-4587923
Tory election hopes fade with prospects for interest rate cuts: Rishi Sunak hoped to go to the polls in the autumn with cheaper mortgages and lower taxes
ft.com/content/ccb98f0a-155e-461a-9cc9-f2423e1d7889
No flags on the Kop as Liverpool fans send ticket price increase message: Liverpool supporters will be staging a protest during the Europa League clash with ...
liverpoolecho.co.uk/sport/football/football-news/no-flags-kop-liverpool-fans-28968361
Allegra Stratton: Robocops Tackle Shoplifting: Tesco is predicting better times ahead for shoppers. Our story today shows that Britain’s largest grocer believes ...
bloomberg.com/news/newsletters/2024-04-10/allegra-stratton-robocops-tackle-shoplifting
Can the economy rescue Britain’s Conservatives? : Polling shows Liz Truss’s disastrous mini-Budget looms large in voters’ minds ahead of general election
ft.com/content/064dff95-badf-4f3c-bbca-8dc1c8afda4c
European Stocks Slip as Rate-Cut Doubts, Inflation Jitters Weigh: European stocks fell on Tuesday as doubts over how many interest-rate cuts the Federal Reserve ...
bloomberg.com/news/articles/2024-04-09/european-stocks-dip-as-rate-cut-doubts-inflation-jitters-weigh
European Stocks Advance as Focus Turns to ECB, US Inflation Data: European equities gained at the start of a week laden with key macroeconomic events ...
bloomberg.com/news/articles/2024-04-08/european-stocks-advance-as-focus-turns-to-ecb-us-inflation-data
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Thames Water wants to raise prices 40%, spill more sewage and not be fined - after lining shareholders' pockets
standard.co.uk/comment/thames-water-ofwat-sewage-prices-barry-gardiner-b1149406.html
South Cumbria businesses increase prices due to cost of living: BUSINESSES across south Cumbria are being forced to increase prices to keep up with the cost of ...
nwemail.co.uk/news/24228796.south-cumbria-businesses-increase-prices-due-cost-living/
Reform UK hits polling high as right-wing voters desert Conservatives: The Tories trail Labour by 18 points, according to a new poll by BMG Research which shows ...
inews.co.uk/news/politics/reform-uk-hits-polling-high-as-right-wing-voters-desert-conservatives-2993806
Urgent warning ahead of major passport price rise: Martin Lewis' team at MoneySavingExpert has issued a warning to anyone who needs to renew their passport ...
leicestermercury.co.uk/news/cost-of-living/martin-lewis-issues-urgent-warning-9205464
Ticketing update for 2024-25 Premier League season: Liverpool FC releases details of ticket prices at Anfield for the 2024-25 season. The club's ticket ...
liverpoolfc.com/news/ticketing-update-2024-25-premier-league-season
Urgent warning ahead of major passport price rise: Martin Lewis' team at MoneySavingExpert has issued a warning to anyone who needs to renew their passport ...
leicestermercury.co.uk/news/cost-of-living/martin-lewis-issues-urgent-warning-9205464
City centre Toys R Us redevelopment behind schedule: The major redevelopment of a city centre site which was home to a Toys R Us shop has fallen behind schedule.
dailyecho.co.uk/news/24232451.city-centre-toys-r-us-redevelopment-behind-schedule/
UK on track to exit recession despite slower services growth, PMI data shows: Britain's economy looks on track to exit recession when official first-quarter ...
reuters.com/world/uk/uk-track-exit-recession-despite-slower-services-growth-pmi-data-shows-2024-04-04/
Fears of food price hikes as post-Brexit import charge to be introduced: The fee will vary from £10-29 depending on the product imported and be capped at £145 ...
inews.co.uk/news/brexit-food-price-rise-import-charge-2990141
It’s hard to be proud of the FTSE 100: The FTSE's poor performance over so many years means London is now a relatively unattractive place to list equities.
spectator.co.uk/article/its-hard-to-be-proud-of-the-ftse-100/
UK house prices rise by most since December 2022: British house prices rose in March at their fastest annual pace since December 2022, a survey showed on Tuesday ...
reuters.com/world/uk/uk-house-prices-dip-unexpectedly-march-nationwide-data-shows-2024-04-02/
UK Shop Inflation Falls in Another Positive Sign for BOE Interest Rate Cuts: Inflation in UK stores dropped to its lowest level in more than two years as ...
bloomberg.com/news/articles/2024-04-01/uk-shop-inflation-tumbles-in-another-positive-sign-for-rate-cuts
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Full list of what you'll pay more for from tomorrow in National Price Hike Day: This is the day when government bodies and companies increase the cost of goods ...
metro.co.uk/2024/03/31/full-list-pay-tomorrow-national-price-hike-day-20563101/
Man City fans told to remove banner with message to owners before Arsenal clash: Tensions have flared between Manchester City and their supporters over recent ...
mirror.co.uk/sport/football/news/mancity-arsenal-banner-premier-league-32482487
Expert data confirms UK slipped into recession last year: The recession that the UK entered last year was a little shallower than first thought ...
itv.com/news/2024-03-28/expert-data-confirms-uk-slipped-into-recession-last-year
MP welcomes Stourbridge police base news in latest column: Wonderful news for Stourbridge last week when it was finally announced we are to have a new police ...
stourbridgenews.co.uk/news/24212888.mp-welcomes-stourbridge-police-base-news-latest-column/
FTSE 100 Live: What's Moving UK Markets, Right Now
bloomberg.com/news/live-blog/2024-03-28/ftse-100-what-s-moving-uk-markets-right-now-markets-today
Burnley FC defends decision to increase season ticket prices for 2024/25 campaign
burnleyexpress.net/sport/football/burnley-fc-defends-decision-to-increase-season-ticket-prices-for-202425-campaign-4571312
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PM Rishi Sunak is facing questions from the Liaison Committee.
He says the government has made "progress on all three" economic priorities:
🔴 Halve ... Show more trib.al/Rx0iR33
North Yorkshire Council introducing new car parking tariff: A new North Yorkshire car parking charge tariff, which will see an increase of 20 per cent ...
thenorthernecho.co.uk/news/24209942.north-yorkshire-council-introducing-new-car-parking-tariff/
Increases to on-street parking fees and permits in Yarmouth: Norfolk County Council has announced a rise in parking and permit fees across Great Yarmouth.
edp24.co.uk/news/24205194.increases-on-street-parking-fees-permits-yarmouth/
Sandbanks Ferry tolls increased to maximum amount possible www.bournemouthecho.co.uk/news/24208510.sandbanks-ferry-tolls-increase-april-1/
UK interest rates held at highest level for 16 years by the Bank of England, remaining at 5.25% - live analysis and reaction www.bbc.co.uk/news/live/business-68581527
UK interest rates: Bank boss says cuts 'on the way': The Bank of England has kept the cost of borrowing at 5.25% for the fifth time in a row.
bbc.com/news/business-68618436
Fitch upgrades UK credit rating outlook to 'stable': Fitch upgraded its credit rating for UK government debt from "negative" to "stable" Friday ...
thedailystar.net/business/news/fitch-upgrades-uk-credit-rating-outlook-stable-3573966
Better moment for UK economy likely to come too late for Rishi Sunak: Prime minister has ruled out May election but households face high prices for sometime to ...
theguardian.com/business/2024/mar/24/better-moment-for-uk-economy-likely-to-come-too-late-for-rishi-sunak
Where Sunderland finished in 14 UK league tables, including on wages, jobs, poverty and air quality
sunderlandecho.com/news/where-sunderland-finished-in-14-uk-league-tables-4565339
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BOE Bailey Says UK Is ‘On the Way’ to Winning Inflation Fight: Bank of England Governor Andrew Bailey said the UK is “on the way” to winning its fight against ...
bloomberg.com/news/articles/2024-03-21/boe-bailey-says-uk-is-on-the-way-to-winning-inflation-fight
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Tory MPs urge Bank of England to cut interest rates in May for election boost: There is speculation that there could be two rate cuts before the likely date of ...
inews.co.uk/news/politics/tory-mps-bank-of-england-interest-rates-may-for-election-boost-2969212
Bank of England keeps key interest rate steady and doesn't signal cuts are ahead: The Bank of England has kept its main interest rate unchanged at a 16-year high ...
apnews.com/article/bank-of-england-interest-rates-inflation-d06252b43d739c79e7198a9b5aec0c64
Quick Glance: Swiss National Bank Surprises with Rate Cut
- The Swiss National Bank cut its main interest rate by 25 basis points to 1.50%, becoming the first major central bank to ease tighter monetary policy aimed at tackling inflation.
- The franc dropped following the decision, boosting the euro to its highest level against the Swiss currency since mid-July last year, with Swiss government bond yields also falling.
- Experts like Karsten Junius and Alexander Koch highlighted the significance of the rate cut due to low inflation rates and the strong franc, with expectations for more rate cuts.
- The decision was widely perceived as a surprise, leading to speculation about further rate cuts in June and September, as inflation forecasts were substantially revised downwards.
Interest Rate Cuts: Inflation Scare Fades as SNB Leads Way for Fed, ECB, BOE: From Zurich to London to Washington, the great inflation scare that gripped the ...
bloomberg.com/news/articles/2024-03-21/rate-cuts-latest-inflation-scare-fades-as-snb-leads-way-for-fed-ecb-boe
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Inflation: Bank of England keeps key interest rate constant: The British central bankers are under increasing pressure to cut interest rates more quickly than ...
handelsblatt.com/finanzen/geldpolitik/inflation-bank-of-england-haelt-leitzins-konstant/100025153.html
A little economic cheer: Yesterday’s fall in inflation, faster than expected, is good news for the Prime Minister
inews.co.uk/news/politics/a-little-economic-cheer-2967367
Cost of living crisis is ending and everyone has cheered up, says Tory MP: The UK’s cost of living crisis “is ending” and people have “cheered up” ...
independent.co.uk/tv/news/cost-of-living-crisis-inflation-conservatives-andrea-leadsom-b2516294.html
Federal Reserve March meeting: Rates hold steady, 3 cuts still forecast in '24: The Federal Reserve left interest rates unchanged and held to forecast of 3 rate ...
usatoday.com/story/money/2024/03/20/march-federal-reserve-meeting-live-updates/73027664007/
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Rishi Sunak grabs inflation life raft as he bobs along in stormy blue sea, PMQs sketch
standard.co.uk/news/politics/rishi-sunak-pmqs-starmer-inflation-rwanda-nhs-clash-b1146523.html
Fakenham Town Council defends 40pc increase in council tax: Fakenham Town Council has defended its choice to raise people's council tax as it has increased in ...
edp24.co.uk/news/24192603.fakenham-town-council-defend-precept-increase-council-tax/
Target Towns: What Grimsby's fish market can tell us about the cost of living
news.sky.com/story/target-towns-what-grimsbys-fish-market-can-tell-us-about-the-cost-of-living-13098581
Fed keeps interest rates high at March meeting: When will we see rate cut?: Some economists say the Federal Reserve will likely 'slow roll' two or three rate ...
freep.com/story/money/personal-finance/susan-tompor/2024/03/20/interest-rates-fed-cut-delay/73014785007/
Rishi Sunak buoyed by inflation drop as he stages Commons fightback : UK prime minister looks to move beyond weeks of Tory party infighting at final PMQs before ...
ft.com/content/8c371942-9284-477e-b6ac-518bb912e05a
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Monetary policy: British inflation rate falls to lowest level since 2021: Consumer prices rose by 3.4 percent in February compared to the same month last year ...
handelsblatt.com/finanzen/geldpolitik/geldpolitik-britische-inflationsrate-faellt-auf-tiefsten-stand-seit-2021/100025932.html
Great Britain: Inflation rate falls to lowest level since 2021: In Great Britain, inflation weakened in February. The British central bank has raised interest ...
faz.net/aktuell/wirtschaft/grossbritannien-inflationsrate-faellt-auf-tiefsten-stand-seit-2021-19599435.html
UK employers cut forecasts for pay deals to 4% this year, XpertHR says: British employers lowered their forecasts for the pay awards they will make in 2024 ...
reuters.com/world/uk/uk-employers-cut-forecasts-pay-deals-4-this-year-xperthr-says-2024-03-20/
Exactly when BBC license fee will be going up and how much more it'll cost: It's the first increase to the licence fee since April 2021
mylondon.news/news/tv/exactly-bbc-license-fee-going-28845193
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