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Brexit will have little impact on next Budget, says Noonan

Digital Desk -
Finance Minister Michael Noonan has said that there will be little impact of Brexit on his plans for tax cuts and spending increases in...
BUSINESS

FTSE pulls back as Bank of England acts to calm markets

Digital Desk -
London's top flight index pulled back from its 7% plunge after the Bank of England pledged to intervene to help shore up the markets. Bank...
#EUREF

Bank of England boss warns of post Brexit vote ‘volatility’

Digital Desk -
Bank of England governor Mark Carney has said volatility "can be expected" in the wake of the Brexit vote but said the Bank is...
BUSINESS

Bank of England could downgrade UK growth forecast

Digital Desk -
The Bank of England could be forced to downgrade its forecast for UK growth on Thursday, if it thinks the economy is slowing down...
BUSINESS

Bank of England issues warning to lenders of ‘risks around the referendum’

Digital Desk -
The Bank of England has warned over a potential credit crunch and urged lenders to bolster their balance sheets ahead of the EU referendum. The...
BUSINESS

Bank of England holds rates again

Digital Desk -
The Bank of England has marked seven years of record low interest rates by keeping the cost of borrowing on hold once again. All nine...
BUSINESS

Pound hits lowest mark against dollar for almost seven years

Digital Desk -
The pound remains under pressure after dropping below 1.40 US dollars for the first time in nearly seven years amid uncertainty over the UK's...
BUSINESS

Bank of England governor Carney: Chinese problems unlikely to prevent UK interest rate rise

Digital Desk -
China's economic problems are “unlikely” to derail plans to raise interest rates in the UK, Bank of England Governor Mark Carney has claimed. The Chinese...
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