News
Bank of England Pauses Rate Moves
1+ hour, 59+ min ago (1010+ words) THE BANK OF ENGLAND is expected to keep interest rates unchanged this week as it assesses the impact of the Iran war on the UK economy. Investors will also look for any signs that the central bank is moving towards…...
Jobs at Risk? New Hours Rule Could Shut Out Young Workers
2+ hour, 25+ min ago (221+ words) Teena Jose is a business journalist at Eastern Eye specialising in British Asian business coverage, with a particular focus on the UK property market. A postgraduate in financial journalism, she reports on market trends, hidden economic shifts and the financial…...
Shock Warning From Bank of England on Stock Markets
2+ day, 17+ hour ago (1398+ words) Rising risks clash with record-high equity valuations "Too high, will fall: Bank of England official flags stock market risks A senior voice at the Bank of England has raised concerns that global stock markets may be running ahead of reality,…...
Iran War Could Cost 250, 000 Jobs
1+ week, 1+ hour ago (837+ words) Families cut spending while economy heads for standstill The jobless rate will jump from 5. 2 per cent before the conflict to 5. 8 per cent next year. This takes it to levels last seen in 2014. The number of people looking for work will…...
Iran War Pushes US Inflation Higher in March
2+ week, 2+ day ago (1043+ words) Rising fuel costs and tariffs push prices higher across the economy The latest US inflation data is starting to reflect the ripple effects of the Iran war, with consumer prices rising 3. 3 per cent in March, adding fresh pressure on households…...
Pound Holds Firm Amid Ceasefire Tension
2+ week, 3+ day ago (1051+ words) Sterling holds gains but traders remain cautious over Middle East tensions. The British pound held onto recent gains against the US dollar but struggled to move much higher, as uncertainty around the US-Iran ceasefire continues to shape currency markets. Sterling…...
Pound steadies as fragile Middle East ceasefire keeps currency markets on edge
2+ week, 3+ day ago (973+ words) Sterling holds gains but traders remain cautious over Middle East tensions. The British pound held onto recent gains against the US dollar but struggled to move much higher, as uncertainty around the US-Iran ceasefire continues to shape currency markets. Sterling…...
India's central bank keeps rates unchanged amid West Asia conflict
2+ week, 4+ day ago (1044+ words) RBI governor said the monetary policy committee noted risks to inflation but said the economy's fundamentals gave it "greater resilience to withstand shocks now than in the past". INDIA's central bank kept interest rates unchanged on Wednesday as it reviewed…...
UK Caps Student Loan Interest at 6%
2+ week, 4+ day ago (1727+ words) THE UK government said on Tuesday it would cap interest rates on millions of student loans at 6 per cent from September 2026, citing risks of rising inflation linked to conflict in the Middle East that could increase borrowing costs for graduates....
UK Property Market Shaken as Global Tensions Hit Buyer Confidence
2+ week, 4+ day ago (930+ words) Rising mortgage costs and economic uncertainty cool the spring market The UK housing market showed signs of losing steam in March, with UK house prices slipping as buyers pulled back amid rising mortgage rates and global uncertainty linked to the…...