Category: England
-
HMRC lowers late payment interest following Bank of England rate cut
•
HMRC has announced the reduction of the interest imposed on late tax payments, following the recent decision of the Bank of England to reduce the basic price from 4.75 % to 4.5 %. As of February 17, taxpayers who have debts will witness a low interest rate on late payments…
-
HMRC lowers late payment interest following Bank of England rate cut
•
HMRC has announced the reduction of the interest imposed on late tax payments, following the recent decision of the Bank of England to reduce the basic price from 4.75 % to 4.5 %. As of February 17, taxpayers who have debts will witness a low interest rate on late payments…
-
Bank of England poised for interest rate cut amid slowdown concerns
•
The Bank of England is expected to reduce the main interest rate later today, moving from 4.75 % to 4.5 %, in an attempt to counter slow economic performance in the UK. Many analysts refer to the most softened gross domestic product numbers and the decline in inflation as the…
-
Bank of England trims rates again to 4.5% as economic growth falters
•
The Bank of England reduced its basic price to 4.5 percent – the third place in six months – as policy makers seek to strengthen the economy in Britain. In a 7-2 vote, the nine-member monetary policy committee has chosen at 0.25 percentage, although two members have defended the percentage…
-
Amazon looks to launch prime air drone deliveries in North-East England
•
Amazon started the process of providing drone delivery on the same day of its warehouse in Darlington, Durham County, while it could be a major milestone for its initial air service in the UK. The technology giant holds a general meeting in the region this week to obtain permission from…
-
Bank of England poised for four or more rate cuts in 2025, say economists
•
The Bank of England is expected to cut interest rates at least four times this year, according to a new survey of 51 economists. the Latest poll It suggests that the base rate could fall from its current rate of 4.75 per cent to 3.75 per cent or lower in…
-
Bank of England casts doubt on ‘Britcoin’ launch amid privacy and cost concerns
•
Plans for a “digital pound” in the UK have hit a snag as Bank of England officials grow increasingly skeptical about the project, raising doubts that any form of a “British currency” will be introduced before the end of the decade. The bank and government were due to decide in…
-
Pub closures top 400 in England and Wales as total dips below 39,000
•
More than 400 pubs in England and Wales have closed or been repurposed over the past year, taking the total to below 39,000 for the first time. Commercial property company Altus Group says 412 public homes will be demolished or converted to alternative use in 2024, leaving just 38,989 homes…
-
Budget ‘weighing on growth’, warns Bank of England
•
The UK economy is unlikely to see any growth in the wake of the Chancellor’s Budget, as businesses respond to record tax measures by raising prices and cutting employment levels, the Bank of England has warned. Policymakers now expect the economy to remain flat in the final quarter of 2024,…
-
Fennec Pharmaceuticals Announces Pedmarqsi® Positive Recommendation by NICE for the Prevention of Cisplatin-Induced Hearing Loss in England and Wales
•
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Dec 20, 2024 • 8 minute…
-
Nyxoah Announces Commercial Launch of Genio® Innovative Therapy in England
•
Article content Nyxoah announces the commercial launch of its innovative treatment Genio® in EnglandThe first patients to have the Genio device implanted At UCLH, London Article content Mont Saint Guibert, Belgium – December 13, 2024, 8:05 AM CET / 2:05 AM ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or…
-
Bank of England warns of growing financial risks from trade war
•
The Bank of England has warned that escalating trade wars, geopolitical instability and rising global debt levels are amplifying risks to the UK’s financial system. Officials cited the country’s vulnerability due to its “open economy and large financial sector,” according to the World Bank’s latest financial stability report. Andrew Bailey,…
-
Virtue Drinks Secures £2 Million Investment from BrewDog Co-Founder and England Footballer
•
Virtue Drinks, the UK’s fastest growing clean energy drinks brand, has announced the successful closing of a £2 million investment round. This latest financing brings the company’s total investment to more than £5 million. Notable investors in this round include James Watt, co-founder of BrewDog – the largest craft beer…
-
Virtue Drinks Secures £2 Million Investment from BrewDog Co-Founder and England Footballer
•
Virtue Drinks, the UK’s fastest growing clean energy drinks brand, has announced the successful closing of a £2 million investment round. This latest financing brings the company’s total investment to more than £5 million. Notable investors in this round include James Watt, co-founder of BrewDog – the largest craft beer…
-
Bank of England cuts rates to 4.75% as inflation cools and economic pressures ease
•
The Bank of England cut interest rates by 25 basis points to 4.75%, its second cut this year as inflationary pressures begin to ease and economic data point to a slowdown in wage growth. The nine-member Monetary Policy Committee voted in favor of the cut, following a steady trend in…
-
Bus fare cap to rise to £3 across England under new budget plan
•
The maximum bus fare in England is set to rise to £3, following an announcement by Prime Minister Sir Keir Starmer. The new limit, which will be introduced in the next Budget, represents an increase on the current £2 cap which the previous Conservative government applied as a measure of…
-
Red tape risks turning city into ‘graveyard’, warns Bank of England official
•
Sam Woods, chief executive of the Bank of England’s Prudential Regulation Authority, warned that excessive regulation could turn the City of London into a “graveyard” by stifling innovation and risk-taking. Speaking at the city’s annual banquet at the Mansion House, Woods warned that although financial regulation is essential for stability,…
-
Bank of England may cut rates more aggressively as inflation eases, warns Andrew Bailey
•
Andrew Bailey, Governor of the Bank of England, has indicated that the bank may take a more aggressive stance on cutting interest rates if inflation continues to decline. However, he warned that escalating tensions in the Middle East could lead to a sharp rise in oil prices, which would complicate…
-
Bank of England says global asset prices remain ‘stretched’ By Reuters
•
By David Milliken and Suban Abdullah LONDON (Reuters) – Global asset prices remain under pressure and are vulnerable to a significant decline as investors become more concerned about geopolitical risks, the Bank of England said on Wednesday. The Bank of England said overall risks to British financial stability were unchanged…
-
Bank of England says global asset prices remain ‘stretched’ By Reuters
•
By David Milliken and Suban Abdullah LONDON (Reuters) – Global asset prices remain under pressure and are vulnerable to a significant decline as investors become more concerned about geopolitical risks, the Bank of England said on Wednesday. The Bank of England said overall risks to British financial stability were unchanged…