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The Latest Breaking News from ING

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

Evening Standard · Jan 31, 2023

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

Fortune · Jan 28, 2023

Is a US Recession Near? Making the Call Is Trickier Than Ever

Traditional economic indicators can’t predict the timing of a downturn, but newer forecasting methods are untested.

Businessweek · Jan 25, 2023

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Employers cut 35,000 temporary jobs last month. Economists say it may be a preview of what's to come: 'For me, it’s a real warning sign'

Federal Reserve researchers have shown that temporary worker layoffs have, in past recessions, “preceded those in the overall labor market by 6 to 12 months."

Fortune · Jan 24, 2023

FTSE 100 nears record high as inflation fears ease

Blue-chip stock index ends week 1% off all-time best as markets across Europe rise amid falling energy prices

The Guardian - UK · Jan 13, 2023

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK · Jan 13, 2023

German economy seen stagnating in Q4, grew 1.9% in 2022

Germany's national statistics office says the country's economy appears to have stagnated in the fourth quarter

The Independent UK · Jan 13, 2023

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UK economy grew by only 0.1% in November

Figure comes as people began Christmas shopping, while World Cup gave pubs and bars a boost

The Guardian - UK · Jan 13, 2023

Job cuts and falling shares: how did it all go so wrong for the US tech sector?

As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley

The Guardian - UK · Jan 6, 2023

Eurozone inflation down more than expected but further interest rate rises ahead

Rising core inflation has intensified the challenge facing the European Central Bank

Evening Standard · Jan 6, 2023

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune · Jan 5, 2023

Asia shares up as sentiments boosted by Fed minutes, US jobs

Asian shares are mostly higher following a rally on Wall Street as investors assessed minutes from the Federal Reserve’s latest meeting of policymakers and welcomed encouraging data on U.S. jobs

The Independent UK · Jan 5, 2023

Interactive map: The home price correction (or lack of correction) in America's 400 largest housing markets

Mark Zandi: The free-fall in home sales will soon bottom out, while the home price correction carries on.

Fortune · Jan 4, 2023

China faces bumpy road to normal as infections surge

China is on a bumpy road back to normal life as schools, shopping malls and restaurants fill up again following the abrupt end of some of the world’s most severe restrictions even as hospitals are swamped with feverish, wheezing COVID-19 patients

The Independent UK · Dec 30, 2022

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ABC News · Dec 30, 2022

ING Bank customers missing payments from employers, NAB accepts some responsibility

ING Australia has released a statement, apologising for the inconvenience to customers who have failed to receive their regular salaries over the Christmas period.

AAP · Dec 16, 2022

ING fined for missed data deadlines breach

ING Bank has been fined for failing to meet Consumer Data Right deadlines and for making a false or misleading representation to consumers.

The Independent UK · Dec 14, 2022

Bank of England expected to hike interest rates again despite softening inflation

Economists predict 0.5 per cent rise despite inflation peak and sharp recession

Manchester Evening News · Dec 12, 2022

Bank of England expected to further increase interest rates

Interest rates could shoot to 3.5 per cent from next week following a meeting of the Monetary Policy Committee

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The National (Scotland) · Dec 11, 2022

More mortgage pressure as Bank of England 'to raise interest rates' further

THE Bank of England is expected to raise interest rates even higher next week at its next meeting, putting further pressure on mortgages.

The Guardian - UK · Dec 10, 2022

Star-crossed: Mercedes faces dilemma over dependence on Russia and China

Moscow provides Germany with power, and the Chinese buy the company’s cars in their thousands, but now war and global tensions are darkening the diplomatic weather

Fortune · Dec 7, 2022

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

The Guardian - UK · Dec 6, 2022

‘I’m in crisis every day’: prices outpace Belgians’ inflation-matched pay

Even in a country with automatic increases to pay and benefits, there are concerns over the cost of living

Birmingham Post · Dec 6, 2022

North East deals of the week: key acquisitions, contracts and investments

Companies featuring in this week's round-up include Newcastle International Airport and Houghton International

Financial Times · Dec 5, 2022

Financial instability: the hunt for the next market fracture

Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt

Evening Standard · Nov 30, 2022

Eurozone inflation slowdown raises hopes that price rises may be near their peak

Energy price rises ease while the pace of increasing food costs accelerates, with all eyes on the ECB’s next rate call

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