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Abrdn CEO Bird exits abruptly after four rocky years
Reuters· 1 day ago, opens new tab CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of...
Savings Account Rates Are Falling. Why Some Banks Are Paying Less.
Barrons.com· 4 days agoFEATURE It isn’t your imagination. Interest rates on deposits in typically high-yielding online...
Economic growth slows as Britain heads towards election
The Telegraph via Yahoo Finance· 2 days agoBritish markets are now fully pricing in the first Bank Rate cut in November – with a second cut...
Why a summer rate cut is still in play despite inflation ‘shocker’
Daily Telegraph· 3 days agoThe reaction is a blow for Sunak – but, given Bank of England officials have repeatedly hinted at summer cuts, traders also risk being too pessimistic. Yael Selfin, chief UK economist at KPMG ...
First high street bank raises mortgage rates after election call
Daily Telegraph· 2 days agoMr Sunak said that the fall in the Office of National Statistics headline rate meant the Tories’...
Bank of England has room for three interest rate cuts this year, IMF suggests
Yahoo Finance UK· 4 days agoDespite the recommendation, the IMF noted the Bank had to balance the risk of cutting too quickly...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 4 days agoThe IMF added: “At the same time, there is a risk of delayed easing. Keeping Bank Rate constant as...
Explainer: With inflation falling fast, will the BoE quickly cut rates? By Reuters
Investing.com· 4 days agoBritain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on...
BoE June rate cut less likely after inflation data, say brokerages
WHTC 1450 Holland· 3 days ago(Reuters) - Goldman Sachs, Barclays and Morgan Stanley said on Wednesday that a June rate cut from...
BOE’s Broadbent Says UK Interest Rates May Drop This Summer
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- The Bank of England will be able to cut interest rates “some time over the summer” if...