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Bank of England moves closer to rate cut
14
May

Bank of England likely to move closer to first rate cut since 2020

  • Loveworld / 2 months
  • 0
  • 2 min read

The Bank of England is poised to take a further stride toward its first interest rate cut in four years on Thursday, driven by a dip in inflation. However, it’s likely to tread cautiously in indicating an imminent move. Anticipated to maintain its benchmark Bank Rate at 5.25%, the highest since 2008, the central bank […]

Bank of England takes deeper look at risks from private equity; Asos, Boohoo, Asda make promises on green claims
27
Mar

Bank of England takes deeper look at risks from private equity; Asos, Boohoo, Asda make promises on green claims

  • Loveworld / 3 months
  • 0
  • 2 min read

The Bank of England has announced a comprehensive examination of potential risks stemming from the opaque private equity sector and has noted subdued valuations of Britain’s largest banks compared to global counterparts. During its quarterly meeting in March, the central bank’s financial policy committee highlighted concerns regarding finance provided to riskier corporates, which could be […]