The Bank of England's inflation report is out at noon on Tuesday.
In its February report, the Bank of England said it expected growth this year to be the slowest since 2009.While the UK isn't on the critical list, the Bank was expecting the slowest rate of growth in 2019 since the financial crisis - not least because of Brexit-related uncertainty and slower demand for exports from the likes of China and Germany.
While the list of retail casualties on the High Street grows, some are clearly doing well: consumer spending has defied expectations. While the prolonged"fog" may continue to suppress investment, the Bank's own research suggests businesses are better prepared for a no-deal, limiting the potential economic fallout from that eventuality.Like many, the Bank has been surprised by the strength of the jobs market in recent years. Wages are outpacing inflation again - and higher wages mean greater spending power and could ultimately mean the cost of living rises faster.
Source: Loan Digest (loandigest.net)
it's good news week..
Who listens to the Bank of England? They are pawns. Check out the Russians stock-piling gold and building their strength.
I hope not. mortgage
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Is it time the Bank of England had a woman governor?Anna Isaac: 'Mark Carney is the 120th in an unbroken line of white men to have been Governor of the Bank of England. Perhaps it’s about time to let a woman run the Old Lady of Threadneedle Street' Perhaps give the job on merit not ethnicity or gender How about that? Perhaps it is, but the economy has grown pretty well in that time despite having white men in charge no? Since when gender & ethnicity took priority over merit
Source: The Telegraph - 🏆 41. / 63 Read more »
How to get a £20 B&Q barbecue for £5 ahead of sunny May Bank Holiday weekendTHE May Bank Holiday is just around the corner and Brits everywhere will be hoping they’ll get to dust off the barbecue. But if you’re in need of a new one and want to do it on the chea…
Source: TheSun - 🏆 64. / 61 Read more »
Bank Holiday weather UK: No heatwave as Bank Holiday set to be colder than averageDry weather and sunny spells are also likely despite chilly overnight temperatures. Oh I thought it was going to be good. You were banging on about 'Spanish plumes' the other day. What's happened to them? I hope someone will apologise for that faulty forecast, though I somehow doubt it. Hang on last week you and extinction rebellion told us that we've only got 5 years to save the planet! Wish this climate would make its mind up! 😉😉
Source: SkyNews - 🏆 35. / 67 Read more »
Chancellor to anounce fate of 1p and 2p coins this weekCase to scrap was bolstered by bank of England last year They should either be phased out OR put in charge of Brexit negotiations. What’s more important, 1p’s & 2p’s or the fact he’s part of the government that’s causing his Queen to make plans about fleeing her own kingdom? No Queen should be made feel they have to flee their kingdom. useless coins
Source: The Independent - 🏆 80. / 59 Read more »
British digital bank Revolut at risk of losing European banking licencesBritish digital bank Revolut at risk of losing European banking licences amid fresh questions over its alleged links to the Kremlin | JamesLiamCook JamesLiamCook Woah the ultimate argument to destroy the competition
Source: The Telegraph - 🏆 41. / 63 Read more »
Storm Hannah to batter Britain with 75mph winds and rain this weekendHeavy rain and strong wind this weekend is in stark contrast to the balmy weather enjoyed during the Easter holiday.
Source: MetroUK - 🏆 13. / 82 Read more »
Lottery winners could be denied £4m jackpot amid fears scratchcard was bought with stolen bank cardThey reportedly admitted that neither of them had a bank account, despite buying the scratchcard with a debit card. When asked whose bank card had been used, they named a friend called 'John' but were unable to provide his surname, address or phone number 'winners.' Winner winner chicken dinner.... That's all their having tonight. Irony...😁
Source: The Telegraph - 🏆 41. / 63 Read more »
First rule of Bank Holiday DIY — don’t injure yourself and enjoy a beer insteadLAST weekend the sun shone, the trees were ablaze with blossom and there were four glorious days off work to enjoy it all. Big up to the Baby Jesus for that. And yet, despite the cloudless skies, n… JeremyClarkson First rule-no DIY on Bank Holiday (to avoid injuries).Second rule-no DIY on any holiday or vacation (unless you are certified).Third rule-enjoy your beer only watching «Grand Tour”.
Source: TheSun - 🏆 64. / 61 Read more »
How to see Mauritius without breaking the bankSip rum and hit the waves. Use Google Earth. Free.
Source: MetroUK - 🏆 13. / 82 Read more »
UK weather forecast latest: Temperatures to PLUMMET for May Day bank holidayMET Office Meteorologist Alex Burkill said the UK can expect a drier Monday, but clear skies overnight will bring a touch of frost come Tuesday morning.
Source: Daily Express - 🏆 26. / 68 Read more »
Royal Bank of Scotland chief executive Ross McEwan resignsThe 61-year-old has been in the role for five and a half years and says it is the right time to leave
Source: The Guardian - 🏆 84. / 53 Read more »