DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Taylor - 1 Goldman Sachs - 1 Keir Starmer - 1 Goldman - 1 — CNBC's Sophie Kiderlin - 1 Vicky McKeever - 1 BOE - 1
Top related locs:
Ruskin Park London England Washington brightening Spain China U.S
Top related orgs:
Bank of England - 2 Nine - 1 Monetary Fund - 1 D.C - 1 Investment - 1 Labour - 1 European Union . Deutsche Bank - 1 Friday - 1

Search resuls for: "Ruskin Park"


2 mentions found


☆ IMF upgrades UK growth forecast in another boost to new Labour government
  + stars: | 2024-07-16 | by ( Jenni Reid | ) www.cnbc.com   time to read: +3 min
LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%, providing a further boost to the country's new government. Looking ahead, the Washington, D.C.-based IMF reiterated its forecast for 1.5% U.K. growth in 2025 in the July update of its World Economic Outlook. Investment bank Goldman Sachs earlier this month nudged its 2025 forecast for the U.K. economy 0.1 percentage point higher, to 1.6%. Other economies given a 2024 growth upgrade by the IMF on Tuesday included the euro zone, which it lifted by 0.1 percentage point to 0.9%, Spain, up 0.5 percentage point to 2.4%, and China, up 0.4 percentage point to 5%. It lowered its forecast for the U.S. economy by 0.1 percentage point to 2.6%.
Persons: Taylor, Goldman Sachs, Keir Starmer, Goldman, — CNBC's Sophie Kiderlin, Vicky McKeever Organizations: Nine, Monetary Fund, D.C, Investment, Labour, European Union . Deutsche Bank, Friday, Deutsche Bank, Jefferies, Bank of England, Reuters, IMF Locations: Ruskin Park, London, England, Washington, brightening, Spain, China, U.S, Asia
☆ Bank of England warns of mortgage agony, says monthly costs could jump £500 for some
  + stars: | 2023-07-12 | by ( Sam Meredith | ) www.cnbc.com   time to read: +1 min
The Bank of England warned already struggling homeowners could see monthly mortgage repayments rise sharply in the coming months, but stressed households today are not nearly as indebted as they were in the run-up to the global financial crisis. U.K. households are currently being impacted by a cost-of-living crisis and higher interest rates as their fixed-rate mortgage deals expire. Almost 1 million people, meanwhile, were projected to see their monthly mortgage costs jump by more than £500 over the same timeframe. The central bank's report comes shortly after the U.K.'s average 2-year fixed mortgage rate rose to its highest level since 2008, deepening fears of an impending "mortgage catastrophe." This key mortgage rate came in at 6.66% on Tuesday, notching its highest level for 15 years.
Persons: BOE Organizations: Bank of England Locations: Ruskin Park, Lambeth, London, England
0 next >>
Total: 2