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Mib rises; rally on listings after central banks - Vimarsana News

Mib rises; rally on listings after central banks

The Mib closed higher above 30,300 on Thursday, with trading rooms minutely analyzing monetary policy decisions by major central banks. The Fed on Wednesday held interest rates steady but signaled...

FTSE 100 jumps on US rate cut euphoria - Vimarsana News

FTSE 100 jumps on US rate cut euphoria

London's FTSE 100 surged on Thursday, turbocharged by a US Federal Reserve pivot, though the Bank of England and European Central Bank struck a more cautious tone. Between them, the trio have...

GDP falls sharply in October as UK economy recession fears re-ignite - Vimarsana News

GDP falls sharply in October as UK economy recession fears re-ignite

The UK economy shrank substantially in October, raising fears of a recession as a succession of interest rate hikes bite

Source: cityam.com
UK economy shrinks unexpectedly as households feel squeeze - Vimarsana News

UK economy shrinks unexpectedly as households feel squeeze

GDP fell by 0.3% in October as Bank of England prepares to keep interest rates on hold

UK economy slipped into the red in October shrinking by worse-than-expected 0.3% as Jeremy Hunt warns inflation fight is 'inevitably' holding down GDP - with BoE poised to keep interest rates on hold tomorrow - Vimarsana News

UK economy slipped into the red in October shrinking by worse-than-expected 0.3% as Jeremy Hunt warns inflation fight is 'inevitably' holding down GDP - with BoE poised to keep interest rates on hold tomorrow

Official figures showed GDP was down 0.3 per cent in October - significantly worse than the 0.1 per cent analysts had pencilled in.