Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’Fresh nervousness has crept into markets about the prospects for the UK economy, just a day after Rachel Reeves delivered Labour’s…
Rates
Mark Hicks, head of Active Savings, Hargreaves Lansdown: “Since the Bank of England reduced the base rate on the 1 August, banks and building societies have been quick to react…
ONS: Rosy glow for jobs, but slower wage rises not enough to warm hearts of economists
The ONS has released employment and wage data covering the year to April-June: UK Labour Market August 2024 – Office for National Statistics (ons.gov.uk) Susannah Streeter, head of money and markets,…
ONS: Wages rise but employment falls: what it means for rates and for you The ONS has released employment and wage data covering the year to December-February: Employment in the UK…
Sinking feeling takes over financial markets amid worries about rising rates, slowing construction and fresh turbulence for airlines
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown: ‘’A sinking feeling has taken over financial markets at the end of a volatile week of trading. Investors are digesting the…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The Federal Reserve raised the fed funds rate by a further 25bps to a range of 2.25%-2.50% at this week’s two-day meeting which…