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Bank of England cuts interest rates to 4.5%
The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on what that means.CBS News - 19h -
Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England on Thursday cut interest rates by a quarter-point, its third reduction since August.MarketWatch - 20h -
Bank of England expects to cut borrowing costs further after rate cut today – business live
UK central bank cuts interest rates, and warns growth will be half as fast as expected this year, sending pound sliding. Bank of England cuts interest rates to 4.5% but halves UK growth ...The Guardian - 20h -
Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.CNBC - 1d -
Bank of England expected to cut rates again as UK economy stagnates
Quarter-point reduction forecast even as short-term inflation pressures are set to increaseFinancial Times - 4d -
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Ex-Trafigura boss convicted of bribery in landmark case
The commodities giant went on trial in Switzerland over attempts to gain access to Angola's oil market.BBC News - 6d -
Bank of England warns of risks in relaxing mortgage limits
Andrew Bailey welcomes ‘open public debate’, but cautions that easing rules could lead to more repossessionsFinancial Times - Jan. 29 -
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.MarketWatch - Jan. 28 -
AC Milan boss on fight after win: 'Not a church'
The drama did not end with the final whistle at the San Siro after AC Milan snatched a late win over Parma on Sunday, but manager Sergio Conceição brushed off his heated clash with Davide Calabria, ...ESPN - Jan. 27 -
Kettlewell resigns as Motherwell boss over fan abuse
Stuart Kettlewell resigns as Motherwell manager citing the personal abuse he had received during a recent downturn in results.BBC News - Jan. 27 -
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfortFinancial Times - Jan. 27 -
Chelsea boss: USA's Girma will have 'big impact'
Sonia Bompastor has said she expects new signing Naomi Girma to take Chelsea to a higher level but added that the defender's debut will be delayed.ESPN - Jan. 26 -
Brazilian airline merger would boost aviation sector, says Azul boss
John Rodgerson defends potential tie-up with rival Gol despite concerns about competition and ticket pricingFinancial Times - Jan. 26 -
Jamaican city gripped by violence after police shooting of gang boss
Spanish Town brought to standstill amid gunfire on streets after police kill Othneil ‘Thickman’ Lobban. Schools and businesses in a Jamaican city have been closed and taxis and buses stopped ...The Guardian - Jan. 23 -
I've never considered resigning - RFU boss Sweeney
Under-fire RFU chief executive Bill Sweeney says he has never contemplated leaving his post despite a grassroots rebellion demanding his sacking.BBC News - Jan. 23 -
Musical about trans drug boss leads Oscar nominations
Netflix's Spanish-language Emilia Pérez has 13 nominations, followed by Wicked and The Brutalist.BBC News - Jan. 23 -
Citibank boss murder suspect may have fled abroad, police say
Police believe Marianne Kilonzi, who was found dead in her Woolwich flat, knew the suspect.BBC News - Jan. 22 -
U.K. Competition Watchdog Chair Replaced With Ex-Amazon Boss
The government appointed Douglas Gurr as interim chairman of the Competition and Markets Authority after pressuring the regulator to do more to spur investment and economic growth.The Wall Street Journal - Jan. 22 -
Game Developers Are Getting Fed Up With Their Bosses’ AI Initiatives
A survey of video game developers released Tuesday indicates that a growing number of them fear artificial intelligence will have a negative impact on the industry as a whole.Wired - Jan. 21 -
Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
"There are too many banks in Europe for an efficient capital system," one CEO told CNBC at the World Economic Forum in Davos, Switzerland.CNBC - Jan. 21 -
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‘It was pure accident’: how Chase UK’s boss went from communist Poland to Wall Street banking … via linguistics
Having left the library behind, the once budding academic talks about building JP Morgan’s UK digital lender from scratch. It all started in spring 2019, in a secret office on the seventh floor of ...The Guardian - Jan. 21 -
Bank of England proposes ‘concierge’ service to welcome foreign firms
Prudential Regulation Authority has been studying rule changes that could boost growthFinancial Times - Jan. 20 -
Meet the New Boss. Same as the Old Boss.
Meet the new boss. Same as the old boss.The New York Times - Jan. 20 -
Working from home not proper work, says ex-Asda boss
Lord Rose says it harms productivity but expert says hybrid work can be as good as full-time in the office.BBC News - Jan. 20 -
Former Aberdeen & Dunfermline boss Calderwood dies
Former Aberdeen and Dunfermline Athletic manager Jimmy Calderwood has died aged 69.BBC News - Jan. 19 -
The thing about rich bosses
Wealthy managers are increasingly isolated from the less well-off at work and that’s not good newsFinancial Times - Jan. 19 -
Solskjaer confirmed as new Besiktas boss
Former Manchester United manager Ole Gunnar Solskjaer signs an 18-month deal as head coach of Besiktas.BBC News - Jan. 18 -
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Al Hilal boss hints Neymar is past his best
Al Hilal coach Jorge Jesus fears Neymar "can no longer play at the level we are used to."ESPN - Jan. 17 -
Bank of England delays new capital rules ahead of Trump presidency
Officials push back implementation of new Basel regime until 2027 as they await clarity on US approachFinancial Times - Jan. 17 -
How Gen Z Bosses Really Feel About Working With Their Own Generation
“Entrepreneurial.” “Spoiled.” “The shortcut generation.” Here’s what four Gen Z founders say about their generational peers – and their advice for how to work with them.Inc. - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
Ex-Villa boss Ward named Republic of Ireland head coach
Former Aston Villa manager Carla Ward is appointed Republic of Ireland head coach, replacing Eileen Gleeson.BBC News - Jan. 15 -
Thames Water plans to hike bosses’ pay in response to bonus caps
UK’s debt-laden utility warns it will raise salaries if bonus restrictions are enforced by regulator OfwatFinancial Times - Jan. 15 -
Forest in title race, says Liverpool boss Slot
Liverpool boss Arne Slot says Nottingham Forest '"deserve'" to be considered Premier League title contenders.BBC News - Jan. 13 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Awards success of cartel boss musical Emilia Pérez prompts outrage in Mexico
The film about Mexico has just one main actor who is Mexican, and Mexicans say it’s heavy with stereotypes and treats violence with frivolity. A musical about a Mexican cartel boss who fakes their ...The Guardian - Jan. 8