Global Banking Monitor

Sunday, September 8, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...
HomeBankingUK Inflation Data Set...

UK Inflation Data Set to Fuel Pressure for More BOE Hikes

By Pete Sadler
Photo by Chris Boland on Unsplash

British households and businesses are bracing for UK inflation figures on Wednesday that are expected to keep the pressure on the Bank of England to raise interest rates again.

Consumer-price growth is projected to fall from 8.7% in May to 8.2% in June, according to a survey of economists by Bloomberg, its lowest level since March last year. However, core inflation is expected to remain at a 31-year high of 7.1%

Read More : UK Inflation Data Set to Fuel Pressure for More BOE Hikes

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Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees who, the WSJ reports, are being allowed to sell their stock to investors keen to get in on the pre-IPO action. This is very good news for Stripe employees! You can find out a lot more detail in the WSJ's...

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Nigerian Central Bank Allows Crypto Trading, Lifts Previous Ban

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Russian Central Bank Signals Caution, Requires Months of CPI Decline Before Considering Rate Cuts – RBC

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