The UK economy is on course to avoid a recession this year, despite the impact of the Bank of England’s interest rate hikes, according to a new forecast by the EY Item Club
The UK housing market is facing a prolonged slowdown as high interest rates, rising inflation and economic uncertainty deter potential buyers and force sellers to lower their asking prices.
The BRICS nations of Brazil, Russia, India, China and South Africa have been meeting in Johannesburg this week to discuss their future cooperation and role in the global economy. One of the most ambitious and controversial proposals on the table is the creation of a […]
Once overlooked, these three countries are now drawing global attention to their growing markets and unique investment opportunities.
Metro Bank, the UK’s largest challenger bank, is facing a potential shareholder rebellion over its decision to award hefty pay rises to its top executives despite posting a £271 million loss last year. The bank, which has been struggling to recover from an accounting scandal […]
In his annual letter to shareholders, the chief executive of JPMorgan Chase, one of the world’s largest banks, warned that the banking crisis triggered by the collapse of Silicon Valley Bank (SVB) and Credit Suisse is “not yet over” and could pose further risks to […]
Clearwater International, a mid-market mergers and acquisitions (M&A) firm, has announced its merger with PhiDelphi Corporate Finance, a leading M&A advisory firm in the Netherlands. The deal will strengthen Clearwater’s presence in Europe and enhance its cross-border capabilities. The merger, which was completed on April […]
The Federal Reserve raised interest rates on Wednesday for the ninth time in a row, signaling that it was more concerned about inflation than the turmoil in the banking sector that has rattled global markets. The Fed lifted its benchmark rate by a quarter percentage […]
