Latest news with #IrinaAnghel
Bloomberg
18-06-2025
- Business
- Bloomberg
FTSE 100 Live: Pound Rises as UK Inflation Stays Well Above BOE's Target
And in London, private monthly rents rose by an even-faster 7.7% in the 12 months to May, to an average of £2,249. Again, it's the slowest pace in more than two years, but means rents remain at historical highs. That could be deterring would-be tenants, Irina Anghel reports, as young people can't afford the deposit or rent needed to move to London. The number of would-be flat sharers searching on property search website SpareRoom has fallen to just half what it was at its peak in September 2022.
Bloomberg
18-06-2025
- Business
- Bloomberg
UK Inflation Holds at Highest Level in More Than a Year
By , Philip Aldrick, and Irina Anghel Save UK inflation remained at its highest level in over a year, keeping price pressures uncomfortably high as the Bank of England prepares to give its latest signal on whether it will carry on cutting interest rates amid the threat of another energy price spike. Consumer price inflation was 3.4% in May, slightly above economists' expectations for 3.3% and in line with BOE forecasts, the Office for National Statistics said Wednesday. Services inflation — which is being closely watched for signs of domestic pressures — eased to 4.7% from 5.4%, in line with BOE forecasts.
Bloomberg
06-06-2025
- Politics
- Bloomberg
Allegra Stratton: Can Restoration, not Revolution, Work for UK?
Today I'd love you to read this wonderful dispatch from our Irina Anghel. She's been to Lewis in the Outer Hebrides, the island where Donald Trump's mother was born, to see how they are braced for the effect of her son's tariffs. It's illustrated with a beautiful photo portrait by Emily Macinnes of fourth-generation Harris Tweed weaver Iain Martin, dressed in a handsome wool blazer, working on his loom at home.
Bloomberg
28-03-2025
- Business
- Bloomberg
The UK Economy Is Starting to Emerge From Stagnation
By , Andrew Atkinson, and Irina Anghel Save Prime Minister Keir Starmer came to power last year promising a growth boost but ended up presiding over a slump. Nine months on, however, the British economy may finally be turning the corner. A range of economic indicators are starting to improve, from business activity to consumer confidence, and the prospect of two more interest-rate cuts this year promises a further tailwind. The big hope is that the all-important consumer will emerge from hibernation.
Bloomberg
27-02-2025
- Business
- Bloomberg
Why Central Banks Are Taking To Instagram
Central banks are trying to rebuild trust with younger generations by establishing a presence on social media, particularly Instagram, to counteract misinformation and promote their policies. They are using social media to post about the history and design of coins and banknotes, warn against scams, and promote their achievements, such as instant payment systems, in an effort to seem more accessible and relatable. Some central banks are handing the reins to younger staff to explain rate decisions and economic issues on Instagram, using cultural references and peer-to-peer communication to make monetary policy more understandable and engaging. our UK Economy reporter Irina Anghel joins Caroline Hepker and Lizzy Burden on Bloomberg Radio to discuss. (Source: Bloomberg)
