Hints and tips:
...“Businesses want to pay their staff a good wage . . . but there is a limit to how much new cost firms can absorb, before they have to start passing it on,” said Jane Gratton, deputy director of public policy...
...The BoE has made 13 consecutive rate rises, pushing the bank rate up to 5 per cent last month but MPs complain not enough has been passed to savers....
...UK banks are thinking ahead to the end of a Bank of England funding scheme, which was launched in 2020 to offer four-year funding at or very close to the BoE’s benchmark interest rate....
...In the first quarter of 2023, 8 per cent of newly advanced residential mortgages were interest-only, compared with 87 per cent on interest and capital repayment terms, according to BoE data....
...Fixed-rate mortgages are usually tied to swap rates that move in anticipation of the BoE base rate rather than being tied to its actual level, they say....
...“For most of this year the market was thinking the UK had avoided recession and that rates there would be going up a lot more, providing an incentive to buy the pound,” said Jane Foley, head of FX strategy...
...While rates for savers are coming under increasing political scrutiny, the cost of mortgages continues to rise following poor inflation data and the latest monetary tightening by the BoE, with a number of...
...Further reading— Some pointless charts about the BoE’s Monetary Policy Committee...
...arbitrary measure but it’s as relevant as any arbitrary measure): As it was back then, the longer term view is . . . less favourable (this is Bloomberg’s pound index but cable looks similar): Rabobank’s Jane...
...Additional reporting by Jane Croft, Siddharth Venkataramakrishnan and Valentina Romei...
...He was speaking after the BoE’s Monetary Policy Committee agreed yesterday to keep interest rates at 5.25 per cent. Benton by-election?...
...Andrew Bailey, the BoE governor, said on Tuesday that inflation was taking “a lot longer than we expected” to be brought under control....
...In a report published in June 2021, the BoE concluded that both Covid and Brexit have had a large impact on business investment....
...The enforcement action follows a review by the BoE into LME Clear and an independent review by consultancy Oliver Wyman, which the central bank said collectively found “several shortcomings across LME Clear...
...Tuesday’s recovery suggested “the extreme cheapening of UK assets over the past couple of sessions is attracting some interest”, said Jane Foley, head of currency strategy at Rabobank....
...“We’ve had some kind of normality come back and the crisis premium removed from sterling by Sunak,” said Jane Foley, head of FX strategy at Rabobank....
...The BoE warned earlier this week that half of UK homeowners, amounting to about 4mn people, will be hit by higher costs next year as their fixed-rate deals expire, making it harder for many homeowners to...
...As Jane Green of Nuffield College, Oxford, and the University of Reading’s Roosmarijn de Geus have found, the real political divide that matters is between the “will haves” (people who will either inherit...
...When Citigroup chief executive Jane Fraser was asked earlier this week what risks she was most concerned about, market liquidity topped her list....
...In theory, sterling’s defender should probably be the BoE, which insists it doesn’t target the exchange rate....
...The Fed is expected to raise rates by 0.25 percentage points, and the ECB and BoE by half a point....
...A: Jane Street What is the total value of assets – both crypto and non-crypto – that FTX’s new CEO has claimed to recover on behalf of its clients? Answers to the nearest billion....
...Rabobank’s Jane Foley sums up the situation quite neatly: Liz Truss continues her charm offensive aimed at Tory party members....
...It was here that Colin Firth was filmed in the BBC’s adaptation of Jane Austen’s Pride and Prejudice....
...,” said Jane Foley, head of currency strategy at Rabobank....
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