UK inflation to fall faster than predicted as impact of Iran war ‘better than feared’ UK inflation projections have been tempered by the interim US-Iran peace deal, which helped to ease oil prices The Independent UK · Jul 8
More than five million homeowners face higher mortgages, says Bank of England The Bank’s fresh Financial Stability Report showed that ‘a little over five million households’ are projected to see increases by the end of 2028. Evening Standard · Jul 7
The four crises facing Nigel Farage as Reform leader’s future hangs in the balance From claims of undeclared donations and properties to lobbying the Bank of England on crypto policy, Mr Farage is facing scrutiny in four key areas The Independent UK · Jul 7
Bank of England sees growing risks to financial stability from AI The Bank of England identifies artificial intelligence as a growing threat to financial stability. Investors are heavily betting on AI's success, increasing banks' cyberattack vulnerability. Previous risks like high debt and credit lending persist alongside new AI dangers. The central bank proposes measures to ease capital requirements for banks after… The Economic Times · Jul 7
Bank of England plans to ease capital rules despite AI stability fears Central bank’s financial policy committee members voice concern on trimming big lenders’ financial buffers The Guardian - UK · Jul 7
Rapid AI advances increasing financial stability risks, Bank of England warns The Financial Policy Committee stressed that valuations ‘have also become more stretched’ amid concerns of a potential AI bubble. Evening Standard · Jul 7
Low-cost loans for solar panels could save households hundreds on bills – thinktanks New Economics Foundation and Finance Innovation Lab suggest loan scheme backed by Bank of England could benefit up to 8m homes The Guardian - UK · Jul 7
New Bank of England chief cashier to ‘lead work on new generation of banknotes’ Rhys Phillips will take up the role as the Bank of England’s chief cashier and director of notes in October. Evening Standard · Jul 6
Britain's FTSE indexes slip as miners offset financial gains London's FTSE 100 saw a slight dip as precious metal miners declined, countered by gains in financial stocks. EasyJet surged on a sweetened takeover bid, while ITV advanced after agreeing to sell its media division. Investors are also watching for potential boosts to the UK government bond market from the… The Economic Times · Jul 6
Global Market: Bank of England weighs leverage rule changes to boost gilt demand Britain's government bond market could see a significant boost and borrowing costs slashed by over £1 billion annually if the Bank of England eases bank leverage rules. Major lenders are pushing for exemptions on government bonds, estimating substantial increases in gilt demand. However, former regulators warn this could weaken financial… The Economic Times · Jul 6
Nigel Farage reported to standards watchdog over 'crypto lobbying' amid £5m gift row REFORM UK leader Nigel Farage has been reported to a standards watchdog over claims he lobbied the Bank of England on crypto policy that could… The National (Scotland) · Jul 3
Burnham’s funding gap: what state are UK finances in for the PM-in-waiting? Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’ The Guardian - UK · Jul 3
Nigel Farage reported to standards watchdog over ‘crypto lobbying’ Commissioner asked to investigate Reform UK leader after private meeting with Bank of England governor The Guardian - UK · Jul 2
FTSE 100 rises as US jobs data eases Fed rate hike fears The FTSE 100 closed up 174.53 points, 1.7%, at 10,652.87. Evening Standard · Jul 2
The Independent UK · Jul 2 Savers pour £3.1bn into cash ISAs ahead of Labour’s planned allowance cut ‘Dash for cash ISAs’ as government policy has opposite effect to the one intended
International Business Times UK · Jul 1 UK Energy Bills Rise 13% From Today as Experts Urge a Mid-Year Money Check UK energy bills rise 13% from 1 July as Ofgem lifts the price cap. Advisers explain how to run a mid-year money check as inflation persists.
The Guardian - UK · Jul 1 UK house prices stall for second straight month as agents warn of summer slump Average price of typical home little changed at £277,484 in June, says Nationwide, while housebuilder shares fall
The Guardian - UK · Jul 1 US Federal Reserve chair Kevin Warsh says inflation risks ‘have come down’ – as it happened Oil prices fall over 1% after Trump says US ‘getting along very well’ with Iran; technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediators
Evening Standard · Jun 30 Bank of England boss insists it is ‘not complacent’ about tackling UK inflation Mr Bailey said he was ‘not happy’ that the rate of Consumer Prices Index (CPI) inflation was above the Bank’s 2% target.
The Guardian - UK · Jun 30 ‘Am I losing this battle? Yes’: Martin Lewis on the online scams that steal his identity – and others’ life savings Trusted by millions, the finance expert has seen his name and face used to mis-sell a string of fake investments. And yet, he says, it would be ‘very simple’ for the government to stop them
The Economic Times · Jun 29 Euro zone 10-year yields near three-month lows at start of busy week Bond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra Forum. A recent drop in oil prices has eased inflation concerns, leading investors to scale back expectations for interest rate hikes from the ECB and Bank…
The Guardian - UK · Jun 29 UK government borrowing costs dip and pound rises as City welcomes Burnham speech – as it happened Makerfield MP’s plans for good-quality growth around the UK, and commitment to fiscal rules, are welcomed by investors and economists
Evening Standard · Jun 28 ‘I’m not trying to be a troublemaker’: Bank of England’s Huw Pill on rates split The chief economist said it was not an easy decision for him to go against the grain.
International Business Times UK · Jun 26 Back British Stocks or Lose Tax Breaks? Andy Burnham's Adviser Wants Pension Money To Stay in Britain The potential impact of Andy Haldane's pension tax proposals. Learn how higher taxes on overseas investments could affect your retirement and why UK equities may be a better focus.
The Guardian - UK · Jun 25 Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says British Chambers of Commerce chief calls for ‘home bias’ on retirement savings to close funding gap for SMEs