London close: Stocks fall on inflation data, debt ceiling standstill
London close: Stocks fall on inflation data, debt ceiling standstill | Financial News
Source: lse.co.uk
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London close: Stocks fall on inflation data, debt ceiling standstill
London's main stock gauges closed in negative territory on Wednesday, after a higher-than-expected UK inflation report and as concerns over the unresolved US federal debt ceiling issue continued.
Source: sharecast.com
BOE raises key rate to 4.5%, saying further hikes may be needed
By the end of 2023, inflation is forecast to have fallen to 5.1%
Source: gulfnews.com
Bank of England ups interest rates
The Bank of England upped interest rates on Thursday to 4.5%, the highest level since 2008, as it looked to tackle stubbornly high inflation.
Source: sharecast.com
Mortgage bombshell for 300,000 Scots households as interest rates rise
MORE THAN 300,000 Scots homeowners face a mortgage bills hit after the Bank of England hiked interest rates to their highest level since 2008, it…
Source: heraldscotland.com