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Tag: Bank of England

Flotations, corporate collapses and Brexit: the year in business | Business

For business and finance, 2019 was a year of big-name corporate collapses, investigations into alleged scandals and the inevitable arguments about Brexit. Bankers and tycoons tried to get on with things by attempting huge flotations, large mergers and sizeable refinancings – with mixed results. Here is a review of the year in business. Floats Saudi …

Flotations, corporate collapses and Brexit: the year in business | BusinessRead More

How has Brexit vote affected UK economy? December verdict | Business

Sterling surges on Johnson’s election landslide The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and the …

How has Brexit vote affected UK economy? December verdict | BusinessRead More

Are economic doldrums likely to continue? Experts discuss the data | Business

Andrew Sentance Senior adviser to Cambridge Econometrics and member of the Bank of England’s monetary policy committee (MPC) from 2006-11 The evidence from the real economy over the past month suggests little change to the pattern of stagnation we have seen for most of this year. Both the CBI survey and the official index continue …

Are economic doldrums likely to continue? Experts discuss the data | BusinessRead More

Even if there is a Brexit deal, a UK interest rate cut seems likely | Nils Pratley | Business

Call it a full house of poor economic news. The services sector is contracting, according to the purchasing managers’ index, joining the manufacturing and construction industries in negative territory. In big picture terms, there are no bright spots. The official data, which measures actual economic activity as opposed to managers’ view of prospects, may yet …

Even if there is a Brexit deal, a UK interest rate cut seems likely | Nils Pratley | BusinessRead More