Alliance News South Africa Professional
TOP NEWS: Bank of England steps into market to buy long-dated gilts
(Alliance News) - The Bank of England on Wednesday announced that it will carry out temporary purchases of long-dated gilts, after recent instability in the UK government bond market. ...
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LONDON MARKET OPEN: Equity sell-off deepens and IMF rattles pound
(Alliance News) - Stock prices in London opened lower on Wednesday, as another step up in Western tensions with Russia soured already fragile investor sentiment, while the pound struggled after...
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LONDON BRIEFING: boohoo cuts outlook; Burberry creative chief departs
(Alliance News) - European energy market worry, UK fiscal policy concern, and interest rate hike and inflation fear were piling up on markets on Wednesday morning. ...
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LONDON MARKET EARLY CALL: FTSE called lower as Russia tensions rise
(Alliance News) - Stocks in London are set to open in the doldrums on Wednesday, extending a recent period of weakness in equity markets....
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UK chancellor seeks to calm City after IMF urges to change tack
(Alliance News) - UK Chancellor Kwasi Kwarteng will step up efforts to reassure the City about his economic plans after the International Monetary Fund criticised the measures and the Bank...
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Badenoch sets sights on US investment in first visit as UK trade chief
(Alliance News) - UK Trade Secretary Kemi Badenoch will hail the "special relationship" with the US when she travels to New York for her first overseas visit in the post....
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UK Chancellor Kwarteng urged to change course by IMF
(Alliance News) - There is international pressure on Kwasi Kwarteng to change course after his mini-budget spooked the markets with its package of tax cuts and increased borrowing....
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BoE chief economist signals "significant" response to turmoil
(Alliance News) - The Bank of England's chief economist indicated Tuesday that the markets shock caused by Britain's tax-slashing budget called for a "significant" monetary policy action at its next...
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LONDON MARKET CLOSE: Pound stages fight back but still under pressure
(Alliance News) - Stocks in London sunk into the red on Tuesday afternoon, with a see-saw session succumbing to selling pressure with sterling continuing to fight back from historic lows....
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Starmer pledges publicly-owned energy company if Labour win election
(Alliance News) - A Labour government will create a publicly-owned energy company within its first year in office, Keir Starmer has announced....
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