The Fed are expected to reduce their base rate from 1.5% today. Markets rallied on Wall Street yesterday and have opened up sharply across Europe.
The ECB and the BoE meet next week to decide on interest rates. Will there be another co-ordinated rate move today? Expect to see it announced at PM's questions if it is happening. Not that it is a political decision of course.
The collapse of industry continues apace
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Whilst Labour MPs were undermining their government over its clumsy welfare
cuts, another UK refinery went bankrupt. A hand wringing Labour Minister
blamed...
8 hours ago
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