News
IHG beats forecast as US and China growth outweighs Middle East hit
2+ hour, 9+ min ago (551+ words) The hotel operator behind Holiday Inn and Crowne Plaza delivered forecast-beating results for the first quarter, supported by a return to growth in the United States, offsetting "significant disruption" caused by the war in the Middle East. Inter Continental Hotels…...
Rent controls are the best way to ruin a city
4+ day, 15+ hour ago (532+ words) I thought no one would be stupid enough to suggest the policy. Wrong!...
Is the bell tolling for independent central banking in Britain?
4+ day, 20+ hour ago (1126+ words) Eight times a year, at noon on a Thursday, a familiar ritual occurs. The Bank of England announces the decision of its monetary policy committee (MPC) on interest rates, my email inbox fills up with hot and not-so-hot takes, and…...
Access to finance is a postcode lottery for British businesses
7+ mon, 8+ hour ago (24+ words) British Business Bank finds that borrowing can be a bigger problem for companies in deprived urban areas than in wealthier parts of the UK...
From savings to credit cards, are banks ripping you off?
5+ day, 22+ hour ago (251+ words) The Bank of England held its base interest rate this week, but it has fallen six times since August 2024 " rates for borrowers, however, are going the other way...
Bank of England holds rates but says oil is key to next move
6+ day, 16+ hour ago (516+ words) Rate-setters voted 8-1 to keep borrowing costs at 3. 75% but said they could rise significantly if the Iran conflict delivers a severe economic shock...
Why the US keeps getting richer while Britain stagnates
1+ week, 23+ hour ago (249+ words) The King arrived in Washington this week to celebrate UK-US relations. The pageantry was splendid, with flags, troops and warm speeches. Yet beneath the bunting lies an uncomfortable economic comparison. America has spent two decades getting richer. The UK is…...