Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

BIZARRE: The bank of england - What They Never Told You

Scott Bessent made a billion betting against a faked currency. On China's, the Treasury chief is silent

Bessent has been a currency hawk ever since he worked for George Soros in 1992 and saw something off with the British pound.

Fortune

UK economy was on the right track – Trump’s Iran war has wrecked that

Domestic and overseas matters have combined to create a tough outlook for British businesses and consumers

The Independent UK

Foreign investors buying UK gilts risks volatility, says Bank rate-setter

Catherine Mann said overseas investors are playing a ‘particularly large role’ in buying gilts.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

The £6bn bond yields drama unfolding behind the headlines

UK 10-year gilts have risen by more than those issued by other advanced economies since the start of the Iran war

The Independent UK

NatWest faces £140m hit from Iran war as UK growth slows and inflation rises

Profits ahead of expectations but almost half of £283m impairment charge follows forecast reassessment

The Guardian - UK

Why did the Bank keep interest rates the same despite rising inflation?

A large majority of policymakers opted to keep interest rates at 3.75% at the latest Monetary Policy Committee meeting on Thursday.

Evening Standard

Rising household costs ‘will be felt hardest by those already struggling’

The Bank of England base rate was held at 3.75% on Thursday but there are concerns around the impacts of inflation.

Evening Standard

Read news from The Economist, FT, and more,
with one subscription

Bank of England holds rates as Iran war sends oil prices to new highs

The Bank joins the Fed and Bank of Japan in sitting tight, as war in the Middle East drives oil prices higher and blows the spring rate-cut playbook apart.

Euronews

Bank of England holds interest rates at 3.75% but hints at future hikes

Eight members of the Bank’s nine-person Monetary Policy Committee voted to hold interest rates steady.

Evening Standard

Bank of England warns ‘higher inflation unavoidable’ after holding interest rates

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle East

The Guardian - UK

Stocks Rise Before the Open as Investors Weigh Big Tech Earnings, Iran War News

June S&P 500 E-Mini futures (ESM26) are up +0.15%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.22% this morning as investors digest earnings reports from big U.S. tech companies and the latest developments in the Iran war.

Barchart

Bank of England leaves interest rates on hold with committee split 8-1; ECB also keeps rates steady – as it happened

Bank warns UK may need to brace for rate hikes later this year as ‘higher inflation is unavoidable’; oil prices retreat after topping $126 a barrel on Reuters report that the US is pressing ahead with plans for an international coalition to open the strait of Hormuz

The Guardian - UK

The Bank of England is expected to keep interest rates on hold as it weighs the impact of Iran war

The Bank of England is expected to announce it's keeping interest rates on hold as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes in peacetime

The Independent UK

Bank of England poised to hold interest rates steady despite inflation rise

But experts have said a hike could remain on the horizon if the conflict continues to put pressure on UK inflation.

Evening Standard

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain

International Business Times UK

Iran War Shock Leaves UK Policymakers Trapped Between Inflation and Recession Risks

The UK economy is threatened by a £35bn loss due to rising energy prices from the Iran conflict, risking recession and high inflation, warns NIESR.

Evening Standard

Paddington Bear and Sir David Attenborough among public’s banknote design ideas

Sir Winston Churchill, who currently features on the £5 note, was the fourth most commonly suggested idea..

Evening Standard

Starmer to chair Cobra meeting on economic impact of Iran war

The Prime Minister will convene the emergency committee with representatives from the Bank of England.

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Public’s favourite banknote design picks revealed

IN FULL

The Independent UK

Paddington and Attenborough revealed as public’s top banknote designs after ‘woke’ criticism

The Bank of England is set to replace historical figures on its next series of banknotes

Euronews

ECB interest rate dilemma: Eurozone growth stalls as Iran war fuels inflation

The European Central Bank faces heightened uncertainty ahead of next week’s rate decision, with President Christine Lagarde warning the "stop-start nature" of the Iran war is making the economic outlook harder to assess.

Evening Standard

Bank of England set to hold interest rates despite Iran war pushing up inflation

Economists have however suggested that continued inflationary pressure could lead to a rate hike in the summer.

The Guardian - UK

UK braces for price rises driven by Iran war as economic confidence plummets

Consumer confidence hit its lowest level since October 2023 this month, with surveys showing the cost pressures companies are facing

The Independent UK

What rising inflation rate means for your money

The Iran war has sent inflation higher again and interest rates could yet follow

Euronews

UK inflation hits 3.3% as Iran war drives energy costs higher

British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring. The data has forced markets to reassess expectations for the Bank of England, with a previously anticipated interest rate cut next week now looking very unlikely.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

the European Central Bank

Monetary Policy Committee

82 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.