Fitch Ratings' downgrade of one of America's credit ratings was widely dismissed as either a work of irrelevance or something founded on flawed analysis Wednesday but the same couldn't be said for countries and economies borrowing in foreign currencies. 

August 3,2023

One of the UK's largest recruiters reports a sizeable increase in job vacancies being advertised by the government.

August 2,2023

The Bank of England can be increasingly confident the impact of previous interest rate hikes are having an impact as British businesses reported in July that their expectations for inflation had fallen to an eleven-month low, while hiring intentions also fell.

August 1,2023

Salaries being offered to new starters in London's financial services industry are down sharply, raising hopes that a wage-lead inflation spiral is unlikely.

July 27,2023

Some economists say a widely monitored private sector survey is an indication that UK inflation could fall notably further by year-end, leading the Bank of England (BoE) to "pause" its interest rate cycle soon, but the broader implication is that the BoE may already 'overtightened' and could need to consider cutting borrowing costs in the near future.

July 25,2023

The fall in markets' expectations for a higher Bank of England base interest rates has reduced the likely peak for mortgage rates by about 70 basis points, according to a new analysis.

July 21,2023