News

News

Goldman Sachs outperforms expectations in Q2 earnings

Although currently operating in the slowest period for the investment banking sector since 2009, Goldman Sachs managed to outperform expectations of earnings in their...

US housing market likely to perform well

Data on housing starts and building permits in the US for June is promising and bodes well for the growth of the US housing...

Economic sentiment in the Euro Zone falls post Brexit

The ZEW indicator of European and German economic sentiment for July 2016 has fallen sharply to the previous month, clearly reflecting Post-Brexit uncertainty. The centre for...

CPI Index rises 0.5% in June 2016

The Consumer Price Index (CPI) today released its official monthly report announcing that UK inflation rates have risen 0.5% up from 0.3% in May...

Wells Fargo buys new London headquarters

Despite London commercial real estate markets being hard hit by Brexit, US Bank Wells Fargo has just decided to invest around £300million in a...

RICS survey on housing market conveys long-term uncertainty

The RICS UK Residential Market Survey for June, published only hours before the Bank of England decision to hold off on new stimulating measures...
bank of england

Bank of England interest rates remain unchanged

In the Bank of England statement this noon, Mark Carney announced that the interest rates will remain unchanged. This contrasts earlier speculations he may lower...

Barclaycard report shows post Brexit spending rise

In the midst of economic uncertainty and the threat of a recession in the wake of the EU Referendum, shoppers initially brushed off any...

Morning Round-Up: Vodafone considers HQ move, FTSE opens higher, Toyota recalls...

Vodafone HQ may move elsewhere after Brexit Telecoms giant Vodafone has warned that it may move its headquarters out of the UK, if a post-Brexit...

UK Loses Triple- A credit rating

Yesterday the UK lost its top AAA credit rating from Standard & Poors and Fitch as a result of the vote to leave the...