Bank of England expected to hold rates at 3.75% at 30 April MPC meeting as Iran conflict pushes UK inflation to 3.3% in March. All 62 economists polled by Reuters forecast a hold.
Prime Minister Keir Starmer carried out a significant reshuffling of his cabinet on Sunday evening, replacing three senior ministers and creating two new roles in what Downing Street described as a “refreshed team for the next phase of delivery.” The…
HSBC Holdings posted its highest quarterly pre-tax profit on record on Monday, with earnings of $12.1 billion in the first quarter of 2026, surpassing analyst forecasts and reflecting the bank’s continued transformation into a predominantly Asia-focused financial institution. The results,…
Three years after Russia’s full-scale invasion, Ukraine endures — battered, exhausted, but unbroken. The country’s ability to sustain military resistance against a far larger adversary has confounded early expectations and represents one of the most remarkable feats of national resilience…
The London property market in the first quarter of 2026 has presented a study in divergence: prime central London — the Mayfair, Knightsbridge, Chelsea and Kensington postcodes that have historically been the benchmark for the capital’s housing wealth — is…
The sweeping tariff measures announced by the Trump administration in early April 2026 — the most aggressive deployment of US trade barriers since the Smoot-Hawley era of the 1930s — are sending shockwaves through global supply chains and placing British…
Leaders of the Group of Seven industrialised nations gathered in Kananaskis, Alberta, for a three-day summit that placed economic security, artificial intelligence governance and continued support for Ukraine at the top of the agenda. The meeting, hosted by Canadian Prime…
Barclays announced a £1 billion share buyback programme on Friday alongside first-quarter results that beat analyst expectations, as the bank’s investment banking division delivered a standout performance driven by elevated levels of debt capital markets activity and a surge in…
The government’s flagship target of building 1.5 million new homes in England over the current parliament is facing serious questions about its deliverability, as data published by the Ministry of Housing on Wednesday showed that planning approvals for residential developments…
Unilever confirmed on Tuesday that it plans to cut approximately 3,000 jobs in the United Kingdom as part of a wider global restructuring programme that will eliminate 7,500 positions worldwide over the next two years. The London-headquartered consumer goods company,…
