Does RBI buying tonnes of gold signal a shift away from dollar?
Though gold declined in late 2024 after Donald Trump was re-elected to the White House, the precious metal has been on a tear since the beginning of 2025. The Reserve Bank of India last year was the ...
Sterling edges down versus euro before economic data and BoE Bailey speech
Sterling edged down versus the euro and was unchanged against the dollar as investors awaited economic data on both sides of ...
Bank of England policymaker says job losses will ‘restrain’ inflation rise
Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across ...
Monzo issues warning for savers as big changes set to roll out in days
Monzo has revealed its cutting the interest rate on its Personal Instant Access Savings Pots following a recent announcement ...
Bank of England needs to ‘cut through the noise’, rate-setter says
In a speech delivered in Leeds, Mann explained that the persistence of "embedded inflationary behaviours" had diminished due ...
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
NW Mutual shares details of proposed bank branches
A new bank has shared the locations of 60 proposed branches, including six in Cumbria. NW Mutual, which proposes a 'bricks, clicks, and flicks' business model, plans to open the branches across the ...
Housebuilder shares sink as Bellway flags mortgage affordability concerns
Housebuilders shares fell on Tuesday morning after FTSE 250 Bellway flagged mortgage affordability concerns heading into the ...
Barclays warning for customers as interest rates drop
Barclays has announced it will be dropping savings rates on two popular accounts. The Everyday Saver will drop from 1.50% to just 1.25% on balances up to £10,000, while the Rainy Day Saver will fall ...
DWP half term payment dates and February and March changes
The freeze on alcohol duty for non-draught products came to an end in February. These rates have risen in line with the retail price index for inflation (RPI). The UK government froze the alcohol duty ...
BOE Key Rate Should Remain ‘Well Above’ Neutral, Mann Says
The Bank of England should continue to restrain economic activity to ensure that households and businesses don’t act in ways ...
Bank account change for thousands of Barclays customers coming in DAYS and you could be worse off
A MAJOR account change at Barclays will leave thousands of customers worse off in days. The bank, which caters to over ...