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The Latest Breaking News from Kallum Pickering

US tech malaise and mining deal flop weigh on FTSE

The Bank of England left the bank rate unchanged at 3.75%.

Evening Standard

Stocks rise as inflation dips and oil price rebounds

The headline Consumer Prices Index rose 3.2% year-on-year in November, slowing from 3.6% in October.

Evening Standard

How can Rachel Reeves reduce inflation?

Five ways the chancellor could mitigate a UK inflation rate that is harming households – and Labour’s vote share

The Guardian - UK

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read the most diverse news in one place.

Bank of England cuts interest rates to lowest level since May 2023

THE Bank of England has cut interest rates to 4.25 per cent after a slowdown in inflation, as the central bank’s chief welcomed an expected…

The National (Scotland)

Bank of England poised to cut interest rates as tariffs to weigh on growth

Most economists think UK interest rates will be reduced to 4.25% from their current level of 4.5% on Thursday.

The Independent UK

High stakes at Jackson Hole symposium as Powell surveys US’s rocky prospects

Presidential candidates, bankers and economists will all be keen to hear what the Fed chair foresees for interest rates

The Guardian - UK

Why UK house prices could plunge by 20% after the latest interest rate hike

Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crash

The Guardian - UK

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Britain braces for winter of strike action as nurses walk out

British nurses will go on strike this week, hitting already stretched hospitals and cranking up pressure on Prime Minister Rishi Sunak to quell the biggest wave of industrial action to hit the country in decades.

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