Tag: Financial market reactions
Potential economic crash and pound devaluation risk in UK without axing winter fuel payment
The decision to means-test winter fuel payments for pensioners in the UK has sparked controversy, with Commons Leader Lucy Powell defending the move as necessary to prevent an economic catastrophe. The Labour government inherited...
Investors Increase Bets on September Rate Cut as UK Inflation Misses Expectations – Business...
Investors are increasing their bets on a potential interest rate cut by the Bank of England in September as UK inflation falls below expectations. The latest data shows that there is a 45% chance...