The founder and chairman of JD Wetherspoon believes Bank of England Governor (BOE) Mark Carney is "completely wrong" over the potential impact of a chaotic no-deal Brexit.
European stocks ended Friday's session on a positive note, as a strong performance by markets overseas lifted sentiment.
New York took first place, as the world's most attractive financial center, followed by London, Hong Kong and Singapore in the Z/Yen global financial centers index, which ranks 100 centers on factors such as infrastructure and access to quality staff.
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions.
Brexit fears are keeping international investors on edge.
European markets ended on a mixed note at Tuesday's close, with risk appetite sharpened by news the U.S. and Mexico had reached a deal to overhaul the North American Free Trade Agreement.
The Bank of England's Andy Haldane said artificial intelligence could displace numerous jobs and leave people "technologically unemployed."
Britain's economy slowed after the 2016 Brexit vote and is expected to continue to expand at weaker pace than most other developed economies as it leaves the EU.
Nick Twidale of Rakuten Securities Australia says it is an "interesting time ahead" for central banks.
Antonio Fatas, an economics professor at INSEAD, says it wasn't necessary for the Bank of England to hike interest rates in its recent meeting but the central bank probably felt the pressure to normalize rates.
George Buckley, chief U.K. economist at Nomura, says the Bank of England can't "wait and wait" to see what kind of Brexit deal is struck before making any monetary policy decision.
William Adams, senior economist at PNC, weighs in on the Bank of England's decision to increase interest rates despite ongoing uncertainty over the U.K. economy.
Gareth Berry from Macquarie explains why he remains bullish on the pound sterling despite the currency trading weaker.
Bank of England Governor Mark Carney explains the central bank’s decision to raise interest rates.
Bank of England Governor Mark Carney held a press conference after the central bank raised interest rates for the second time in less than a year.
U.S. government debt yields fell on Thursday.
European markets moved sharply lower Thursday, after the Bank of England announced a rate hike.
Koon How Heng of United Overseas Bank says even if the Bank of England hikes interest rates in its upcoming meeting, the move is unlikely to help the pound sterling much.
European stocks closed lower Monday as traders continued to digest earnings from a slew of corporates.
British inflation failed to rise as expected last month, potentially giving Bank of England policymakers pause for thought ahead of a widely expected interest rate hike next month.