|
|
|
29.05.26 - 15:00
|
Bank of England′s Bailey says no rush to raise interest rates amid Iran war uncertainty (The Guardian)
|
|
|
Inflation can be tolerated above 2% target for now 'given context of softness in real economy', governor saysBusiness live – latest updatesThe Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK's growth rate stays weak, the governor, Andrew Bailey, said.In a signal that borrowing costs will remain at 3.75% at least during the summer, Bailey said it was tolerable for inflation to stay above the Bank's 2% target during the current crisis. However, that would change if a more permanent increase in prices began to take effect. Continue reading......
|
|
|
|
|
|
|
|
|
21.05.26 - 15:36
|
Britain′s politicians need to worry less about the bond markets – and more about the Bank of England | Daniela Gabor (The Guardian)
|
|
|
A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative changeDaniela Gabor is professor of economics and macrofinance at Soas, University of LondonA spectre is haunting British politics: the bond markets.Defending Keir Starmer after the disastrous local election results earlier this month, the chancellor, Rachel Reeves, warned that a leadership contest would trigger the wrath of those investors who lend the state money by buying and selling UK government bonds (also known as gilts). The prospect of Andy Burnham winning that contest prompted shriller warnings: the left-leaning contender, after all, had dared to suggest governments should stop “being in hock” to the bond markets.Daniela Gabor is professor of economics at Soas, University of London Continue reading......
|
|
|
20.05.26 - 13:01
|
A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates (ZeroHedge)
|
|
|
A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
UK supermarkets are being urged by the government to limit food prices in return for easing regulations.
As first reported by The Financial Times, the price caps are 'voluntary' and would apply to key groceries – such as eggs, bread, and milk - according to retail industry sources with knowledge of the plans.
In return, the government has said it would offer “incentives” to the supermarkets, which the people said could include easing packaging policies and potentially delaying costly changes to rules around healthy food.
As one may well expect, supermarkets are understood to be strongly opposed to the plans.
The Treasury has declined to comment.
The proposals come as Sir Keir Starmer's government is battling to address public concern over the cost of living.
Scottish retailers recently condemned a similar policy by the Scottish National Party as a “1970s-style” gimmick.
One ...
|
|
|
|
|
|
|
19.05.26 - 12:24
|
Großbritannien: Gilt-Renditen steigen wegen Inflations- und Führungssorgen (Anleihencheck)
|
|
|
Bonn (www.anleihencheck.de) - Die politische Unsicherheit im Vereinigten Königreich bleibt erhöht, während die Spekulationen über die Führungsspitze anhalten, so die Analysten von Postbank Research in ihrer aktuellen Ausgabe von "PERSPEKTIVEN Week up front".
Diese Unsicherheit habe die heimischen Anleihemärkte belastet; die Renditen britischer Staatsanleihen seien in der vergangenen Woche wieder in Richtung Mehrjahrzehnthochs gestiegen. [mehr]...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13.05.26 - 08:54
|
UK bond market on edge amid political turmoil – business live (The Guardian)
|
|
|
Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The UK bond market is bruised this morning after a day of political turbulence drove up Britain's borrowing costs.Brits are grappling with their own political shakeups after Nigel Farage scored big in the latest elections. The name Farage resonates in markets as a clearer path toward looser fiscal policy, higher spending and larger deficits, just as investors are already worried about Britain's debt and inflation outlook.That combination is pushing investors to demand higher compensation to hold UK government debt, sending the UK 10-year gilt yield back above 5%. That's the highest level since 1998. The higher the borrowing costs, the less the government can borrow, and the impact on growth would be negative.Who in Reform is going to run the bond marke...
|
|