Bank of England Probes Bank Valuations and the Private Equity Industry LeapRate

March 27, 2024 BY Simon Mugo

Bank of England Probes Bank Valuations and the Private Equity Industry

In its March quarterly meeting notes, the Committee acknowledged the vital role of private equity in facilitating finance to the UK's real economy. However, it pointed out the challenges in evaluating asset values and leverage within this sector, which complicates the assessment of potential risks to financial stability, investment, and employment. It was also noted…

January 08, 2024 BY Elizabeth Anderson

Storms and strikes not flooding the positive outlook on the UK economy

As traders recently turned bullish on the sterling for the first time in three months, analysts believe the UK economy, which spent most of 2023 on the rim of recession, is on the rise. Bloomberg reports that stocks are also stronger, according to the latest retail statistics. Realistically, this outlook can sour very quickly, especially…

December 28, 2023 BY Elizabeth Anderson

PwC backs UK economy and predicts a healthy 2024

According to recent data, the BoE’s targets are a little pessimistic when compared to their predictions, especially considering inflation fell to its lowest in two years at 3.9% in November 2023. PwC has warned the BoE that “increased inflationary pressures” will persist in either outcome but that a decrease in global energy prices could help…

December 20, 2023 BY Elizabeth Anderson

UK Inflation drops and analysts predict rate cuts in 2024

British inflation data released on Tuesday, 19 December, also showed a considerable decrease in November inflation, registering its lowest rate in two years. As a result, investors and analysts are predicting a string of further interest rate cuts from the Bank of England (BoE) in H1 of 2024. Investor consensus calculates nearly a 50% chance…

December 15, 2023 BY Elizabeth Anderson

FTSE 100 and European markets awaits BoE and Fed's interest rate verdict

On the currency front, the pound continued to trade at around $1.27 on Friday morning. Meanwhile, the FTSE held a steady position, the DAX in Frankfurt exhibited a 0.5% increase, and the CAC in Paris rose by 0.3%. Additionally, the flash UK PMI Composite Output Index for the private sector reached a six-month high at…

December 14, 2023 BY Elizabeth Anderson

Investors bet on rate cuts ahead of Bank of England and European talks

Investors are turning their attention to talks between the Bank of England (BOE) and the European Central Bank (ECB) which are set to take place later this afternoon. According to experts, the main point of conversation will be the easing of global rates, depending on whether neighbouring markets are ready for such decisions. Don’t miss…

October 17, 2023 BY Elizabeth Anderson

UK property prices rising at a snail’s pace

Market specialists attributed the phenomenon to the effect of higher interest rates. According to Rightmove data, house prices fell by 0.8% and agreed house sales declined by 17% during the 12 months leading up to October. Don’t miss out the latest news, subscribe to LeapRate’s newsletter In an attempt to bring inflation under control, the…

September 06, 2023 BY Elizabeth Anderson

Bank of England hounded by think-tank over UK interest hikes

The Bank of England (BoE) governor, Andrew Bailey, is due to appear in front of the Treasury Committee to address claims by a think-tank that his economic outlook for 2023 is failing. The Resolution Foundation, an independent British think-tank that aims to bolster low-middle-class income households in the UK, suggested that continued tax hikes for…

August 07, 2023 BY Alan Sayer

BoE: interest rates outlook to increase for 2023 and 2024

Analysts from Bank of America predict that the Bank of England will hike interest rates again in September due to the Monetary Policy Committee’s (MPC) June 2023 vote, which set new policy to meet the 2% inflation target by the end of 2023: a target which hopes to curb unemployment and economic decline. Don’t miss…

Mark Carney tagged as frontrunner for IMF post, but will he favor cryptos?

September 13, 2017 BY LeapRate Staff

Rising inflation to justify hawkish bias at the BoE meeting

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Bank of England (BoE) will meet on Thursday and is expected to keep the bank rate unchanged at the historical low level of 0.25%, maintain its sovereign bond purchases target at 435 billion…

Tag: Bank of England (BoE)