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Gold set for sixth successive weekly gain; US jobs data in focusGold prices steadied near record-high levels on Friday due to trade war concerns. They were set for a sixth consecutive weekly gain. Focus ...07 Feb, 2025, 07.29 AM IST- Britain's top lenders could be dismantled smoothly in a crisis, says Bank of EnglandThe Bank of England stated that Britain's major banks could now be wound down during a crisis without requiring taxpayer support. This deve...06 Aug, 2024, 12.38 PM IST
- BoE inches closer to rate cut as second policymaker backs easingDeputy Governor Dave Ramsden joined external member Swati Dhingra in calling for an immediate cut in the base rate from its current level o...09 May, 2024, 11.38 PM IST
- London's FTSE 100 hits new high after BoE signals rate cutsBritain's FTSE 100 scaled a record high on Thursday after the Bank of England kept interest rates unchanged but investors cheered increasin...09 May, 2024, 05.27 PM IST
- BoE leaves key rate unchanged at 5.25%; moves closer to first rate cut since 2020The BoE said on Thursday its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25% after Deputy Governor Dave Ramsde...09 May, 2024, 04.49 PM IST
- Currencies calm but cautious after a weary weekEyes are on the yen this week, with the Bank of Japan's (BOJ) Friday policy review the notable item on the economic calendar.22 Apr, 2024, 07.44 AM IST
- Asia shares shaky, traders on guard as Japanese inflation tops forecastThe Federal Reserve's favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and...27 Feb, 2024, 08.00 AM IST
- Bank of England says it is on alert after turmoil in banking sectorMarkets have been roiled by the collapse of U.S. technology lender Silicon Valley Bank, followed by the failures of other U.S. regional len...28 Mar, 2023, 11.28 PM IST
- Rishi Sunak to be UK prime minister: What you need to knowHis predecessor Liz Truss was brought down after just six weeks in office by her economic programme which roiled financial markets, pushed ...25 Oct, 2022, 12.27 PM IST
- Bank of England raises rates by 50 basis points, in seventh consecutive hikeThe BoE estimates Britain's economy will shrink 0.1% in the third quarter - partly due to the extra public holiday for Queen Elizabeth's fu...22 Sep, 2022, 04.45 PM IST
- Stocks slip as caution reigns ahead of U.S. inflation dataThe stakes are high for the July U.S. consumer prices report on Wednesday after an unexpectedly strong U.S. jobs data last week boosted exp...09 Aug, 2022, 02.05 PM IST
- Bank of England will probably need to raise rates again, BoE Deputy Governor Dave Ramsden saysBank of England will probably need to raise rates again, Ramsden says. Inflation is expected to return to the BoE's 2% target - down from a...09 Aug, 2022, 11.46 AM IST
- Bank of England set to become first big central bank to sell QE bondsDeputy Governor Dave Ramsden told a news conference that there would be a "high bar" to amending gilt sales due to market conditions, once ...04 Aug, 2022, 10.50 PM IST
- Bank of England keeps interest rate unchanged at 0.1%Policymakers voted unanimously to keep interest rates unchanged but Dave Ramsden joined Michael Saunders in voting for an early end to the ...23 Sep, 2021, 07.56 PM IST
- Dollar steadies as markets await Trump-Biden debate"If the debate puts Trump on the back foot and Biden keeps his lead, I think it could lead people to let go of their dollars," said Daisuke...29 Sep, 2020, 08.09 AM IST
- Euro up after ZEW survey; dollar near one-week high after weeks of lossesEuro/dollar was last up 0.4 per cent at $1.1782, after earlier falling to $1.1722, its weakest since Aug. 4, boosting the U.S. currency. Be...11 Aug, 2020, 05.46 PM IST
- Indian-origin businessman to acquire restaurant chain in UKRanjit Boparan will add Tesco's Giraffe to Boparan Holdings alongside the The Cinnamon Club, an upmarket Indian restaurant in London.11 Jun, 2016, 05.22 PM IST
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