Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in March 2025, Carney now holds a voter-backed mandate. The former Governor of the Bank of Canada and Bank of England, Carney is renowned for steering economies through crisis—from the 2008 financial meltdown to Brexit. With growing tensions from the U.S., including threats from President Donald Trump over trade and sovereignty, Carney faces challenges aplenty. Watch now for a deep dive into how this economist-turned-politician secured power and what it means for Canada’s future.
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There is growing speculation of a pick up in the pace of Bank of England interest rate cuts as the outlook for the UK economy darkens, with fresh data suggesting.. Sky News
Financial markets have priced in a 100% chance of a Bank of England interest rate cut next month, as the effects of Donald Trump's evolving trade war continue to.. Sky News
Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next month, which Governor Andrew Bailey says is a cause for concern. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon sits down with Islay Robinson, CEO of Enness Global, to unravel the complexities of the mortgage market. Robinson shares..
Monday, 29 July 2024
The number of mortgage approvals in the UK was "broadly stable" last month, the Bank of England has said.
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