Clearscore: Credit score checker returns to profit Business Credit score checker Clearscore returned to the black despite its turnover taking a hit during its latest financial year, it has been revealed. The London-headquartered fintech business has reported a pre-tax profit of £4.8m for 2023, according to newly-filed accounts with Companies House. The total comes after Clearscore posted a pre-tax loss of £9.9m in [...]
Bank of England holds interest rates but Andrew Bailey flags further cuts Economics The Bank's decision comes after the Fed reduced interest rates by 50 basis points last night, the first cut since the pandemic.
FTSE 100 remains in the green after Bank of England holds rates Markets Traders had been concerned that the Fed had waited too long to cut interest rates, causing unnecessary damage to the US economy.
Why the Bank of England will hold interest rates tomorrow September 18, 2024 The firm consensus is for the Bank of England to hold rates tomorrow, but this will not prevent a further cut in November.
The Bank of England decision that really matters this week September 17, 2024 The Bank of England's interest rate decision later this week looks like a done deal. But there is another, arguably more important, decision you should be paying attention to, Chris Dorrell writes
Bank of America’s profit hit by fall in interest income but dealmaking arm shines April 16, 2024 Bank of America has reported a fall in profit during the first quarter as its income from interest payments dropped, although the blow was cushioned by improved trading from its investment banking and wealth management arms.