Sterling Faces Fresh Pressure as Bank Rate Cut Looms
Bank of England rate cut looms as sterling faces pressure, though extreme short positioning may limit further weakness in challenging global environment.
16 articles in this category
Bank of England rate cut looms as sterling faces pressure, though extreme short positioning may limit further weakness in challenging global environment.
Bank of England set to cut rates to 3.75% as sterling faces pressure from dovish policy shift and European central bank uncertainty, though extreme short positioning may limit downside.
British coffee drinkers abandon premium chains as prices surge 20%, turning to home brewing and budget alternatives in pragmatic response to economic pressures.
British investment firm Kessner Capital establishes Abu Dhabi hub and completes first African transaction, highlighting Gulf state's growing importance in continental finance.
FTSE 100 rises despite Britain's GDP falling 0.1% in October, as Labour's Budget uncertainty pushes economy towards technical recession while corporate champions show resilience.
British households slash Christmas spending at fastest rate in five years as Labour's Budget uncertainty leaves families fearful about their financial future.
Sheikh Tahnoon's International Holding Company transforms from fisheries firm to UAE's largest corporation, commanding 30% of Abu Dhabi's stock market while spearheading the nation's post-oil future.
Russian crypto fraudster Roman Novak and wife Anna tortured and killed in Dubai desert after £378m investment scam collapse left victims seeking deadly revenge.
Financial expert Martin Lewis reveals how reducing your thermostat by just 1°C could save British households £90 annually on energy bills during the ongoing cost crisis.
Abu Dhabi launches BRIDGE Summit 2025, positioning itself as the global media economy's new power broker through an ambitious December gathering of industry titans.
British consumers discover the Shark FlexStyle hair tool outperforms Dyson's overpriced Airwrap while saving £150, proving premium brands don't always deliver premium value.
November's market chaos saw Fed policy signals convulse, AI stocks crack, and volatility spike, yet the S&P 500 finished flat in a masterclass of modern market madness.
Solar storms force 6,500 Airbus aircraft groundings, threatening weekend travel chaos. British passengers face widespread disruptions but strong compensation rights remain.
New EU payment verification rules now impact British firms making euro transactions, adding compliance costs and delays despite Brexit independence promises.
Abu Dhabi partners with UK firm to build revolutionary eVTOL network across UAE, with first facilities opening 2026. Game-changing transport revolution begins.
Chancellor Rachel Reeves' plans to slash cash Isa allowances threaten British savers' financial security, with 80% warning cuts would undermine confidence despite needing £27k saved before investing.