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Reuters: Money

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10/20/2017 08:44 AM
Bank of England's Cunliffe - no clear case for rate hike soon
LONDON (Reuters) - Bank of England Deputy Governor Jon Cunliffe said on Thursday it was not clear that interest rates needed to rise soon, showing at least two of the central bank's nine policymakers are unlikely to vote for a hike in November.


10/20/2017 04:48 PM
Bank of England's 'unreliable boyfriend' needs to get message right
LONDON (Reuters) - For the Bank of England, the hard bit about finally raising interest rates will be getting borrowers to heed the message it is likely to send: that they should not fear many more hikes any time soon.


10/19/2017 01:48 PM
Moody's warns UK consumers are vulnerable to BoE rate hike
LONDON (Reuters) - British consumers are vulnerable to a hike in interest rates, ratings agency Moody's said on Thursday, two weeks before the Bank of England is widely expected to hike borrowing costs for the first time in more than a decade.


10/18/2017 01:25 PM
Millions of Britons in financial difficulty
LONDON (Reuters) - Over four million people in Britain are having difficulties paying their monthly bills, the Financial Conduct Authority (FCA) said on Wednesday, at a time when inflation is rising and interest rates may follow.


10/18/2017 09:52 AM
UK watchdog tells EU not to disrupt funds industry
LONDON (Reuters) - The long-established practice of funds in one country being run by managers based in another works well and no changes are needed, Britain's top markets regulator said on Tuesday in a swipe at European Union plans that have also been criticised by the sector.


10/18/2017 05:44 PM
UK pay lags inflation again, BoE still seen raising rates
LONDON (Reuters) - British pay growth has lagged behind inflation again, official data showed on Wednesday, adding to questions about how quickly the Bank of England will raise interest rates after an initial hike expected on Nov. 2.


10/17/2017 11:58 AM
Bank of England still faces growth-inflation trade-off - Carney
LONDON (Reuters) - Bank of England Governor Mark Carney said on Tuesday the central bank still had to balance the need to support job creation and growth with an inflation rate that is running above its target.


10/17/2017 10:54 AM
Bank of England's Tenreyro says not ready to vote for rate hike
LONDON (Reuters) - New Bank of England rate-setter Silvana Tenreyro said she was not ready to vote to raise the Bank's record low interest rates in November although she might do so in the coming months if inflation pressure builds in Britain's labour market.


10/17/2017 05:27 PM
New Bank of England deputy says not ready to vote for rate hike
LONDON (Reuters) - The Bank of England's new deputy governor distanced himself from the central bank's majority view that interest rates probably need to rise soon, and another newcomer said her support for that position was "very contingent on the data".


10/17/2017 12:49 PM
EU watchdogs to study cost, performance of mutual funds
PARIS (Reuters) - European Union financial regulators will conduct a large-scale study of the cost and performance of mutual funds, a top regulator said on Tuesday.

 

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