Is the next 2008-style financial crisis on the horizon?
Fears of an impending banking crisis have intensified after shares in top lenders plunged.
Fears of an impending banking crisis have intensified after shares in top lenders plunged.
Decision makers hiked the Bank’s base interest rate in the biggest single rise since 1995, as they tried to control the runaway inflation.
More than £210 billion has been wiped off London’s top index since the beginning of the week.
The latest survey by the Confederation of British Industry paints a grim picture for the last three months, but the sector is hopeful of a recovery.
The stark warning comes as Boris Johnson’s election slogan that he will get Brexit done by January is being rounded on as a misleading slogan as his plans will lead to years of Brexit negotiations and uncertainty.
“This has not happened by chance. There are thousands of jobs that could be created in sustainable energy and renewables, but this government have failed to invest and let our contracts go overseas.”
UK manufacturers are expecting the steepest decline in orders for a decade over the next three months, as Brexit uncertainty and global growth worries take their toll, according to a report. A survey by the CBI business group found that manufacturers are also planning to invest at the lowest rate ...
New stats for August suggest the biggest UK sector for the economy is flatlining, making a recession more likely.
Sentiment and volumes are deteriorating sharply in the financial services sector, with various indicators at their lowest since the Financial Crisis of 2008, according to the latest CBI/PwC Financial Services Survey. The quarterly survey of 84 firms found that optimism about the overall business situation in the financial services sector ...
TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.
Read more
We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.
Editorial enquiries, please contact: [email protected]
Commercial enquiries, please contact: [email protected]
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.