Tag: Economics
Economists Warn of Inflation Surge Above 3% Impacting Interest Rates – London Business News
**Economists Warn of Inflation Surge Above 3% Impacting Interest Rates**Economists are sounding the alarm as inflation is projected to skyrocket above 3% in the near future, potentially hindering the Bank of England's ability to...
Fuel Prices in London Continue to Stay High – London Business News | Londonlovesbusiness.com
Fuel prices in London have been a hot topic recently, with no signs of relief in sight. The cost of fuel has been steadily rising, putting a strain on consumers and businesses alike. This...
Oil Prices Surge to Five-Week High – London Business News | Londonlovesbusiness.com
Crude oil prices have seen a significant increase recently, reaching $68.65 on Tuesday, the highest level in five weeks. This surge has been driven by a weaker U.S. dollar and a growing risk appetite...
Gold Price Forecast: Will Trades Stay Below $2,670 Amid Economic Optimism and Rising US...
Gold prices are facing significant losses, trading below $2,670 due to rising U.S. bond yields and economic optimism following Donald Trump's presidential election victory. Traditionally, gold is seen as a safe haven in uncertain...
Bank of England Cuts Rates to 4.75% – London Business News
The Bank of England has cut interest rates to 4.75%, which was expected by the markets. This is only the second rate cut of the year, despite earlier predictions of more cuts. Chancellor Rachel...
Bank of England to Cut Rates, Investors Demand 2025 Roadmap – London Business News
This week, the Bank of England is expected to reduce interest rates for the second time since August, with rates likely to decrease by a quarter point to 4.75%. Investors are now looking ahead...