Economics

Update: Benchmark ten-year gilt yields have hit a fresh two-year high of over 3% after the Bank of England opted not to release further ‘forward guidance' earlier this afternoon.

The Bank of England (BoE)has elected to hold the base rate at 0.5% and maintain the size of its quantitative easing (QE) programme at £375bn.

Old Mutual Global Investors' Richard Buxton has warned five major trends could affect the global economy throughout September and October.

Asian stocks jumped today as India installed a new central bank governor with ambitious plans to stabilise the falling rupee and support the banking sector.

Shares in low-cost airline Ryanair tumbled 15% on Wednesday after the firm issued a surprise profit warning.

The FTSE 100 has endured a volatile start to the morning after reports of a missile launch in the East Mediterranean rattled investors.

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It has almost gone unnoticed, but Chinese indices have begun to outperform amid a difficult August for equity investors.

The FTSE 100 has rallied strongly on positive manufacturing data from China, as well as the prospect of Vodafone's deal to sell its holding in Verizon Wireless.