[ad_1] The Bank of England made its first interest rate cut of the year on Thursday, signalling further cuts were to come as it downgraded the U.K.’s growth forecast for 2025.The central bank cut its benchmark interest rate by 25 basis points to 4.5%, with a majority of seven members out of the nine-strong monetary policy committee voting in favor. Two of the MPC’s members had voted for a larger cut of 0.5 percentage points.Andrew Bailey, governor of the Bank of England, told reporters that the central bank expects to make further rate cuts this year.”We expect to be able…
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[ad_1] Image source: Getty Images As expected, the Bank of England has cut interest rates to 4.5%. This is great news for borrowers, not so much for those with cash savings beyond an all-important emergency fund. Thankfully, there’s an alternative to sticking money in a bog-standard bank account: dividend growth shares! Strong and stable One option that jumps out at me is online trading platform provider and FTSE 250-listed IG Group (LSE:IGG). Its shares are currently set to yield 4.7%. This cash return has also been rising in recent years. The dividends look set to be comfortably covered by predicted…
[ad_1] JPMorgan raises Arm Holdings stock target to $175, maintains Overweight [ad_2] Source link
[ad_1] Spotify and Warner Music ink new multi-year deal [ad_2] Source link
[ad_1] NEWARK, Del, Feb. 06, 2025 (GLOBE NEWSWIRE) — The global recycled scrap metal market will witness tremendous growth, with the sales value forecasted to rise to USD 75.5 billion in 2025 and further jump to USD 149.9 billion by 2035. Rising demand for raw materials that are sustainable across different industries like automobile, construction, and electronics combined with environmental regulation that strictly focuses on metal recycling is fueling this growth. With the pace of development in recycling technologies, growing consumption of metals, and circular economy, the market is expected to grow at a robust CAGR of 7.1% during the…
[ad_1] Image source: Getty Images I’ve long argued that Babcock International (LSE:BAB) shares have been unjustly overlooked as investors have piled into industry peers like BAE Systems. But the FTSE 250 share is having its moment in the sun today (6 February) after releasing another robust market update. At 500p per share, Babcock’s share price is currently up 10.4% in Thursday trading. It’s been driven by a strong Q3 statement and upgrades to earnings forecasts. And I believe the defence giant has much further to go. Here’s why. Forecasts bumped up Babcock provides support, engineering and training services to armed…
[ad_1] [et_pb_section fb_built=”1″ _builder_version=”4.16″ da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.27.4″ custom_padding=”20px||0px|0px||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ min_height=”114px” custom_padding=”0px||17px|||” inline_fonts=”Abhaya Libre,Aclonica,Acme” global_colors_info=”{}”] Goldman Sachs Asset Management (GSAM) is seeking up to $3bn for its newly launched West Street Climate Credit Fund, a strategy aimed at financing companies supporting the global shift […] [ad_2] Source link
[ad_1] At the start of a new year, many of us set resolutions to improve areas such as our finances, health or daily routines. While these are valuable goals, it’s also important to think beyond short-term changes and invest in deeper, more transformative growth — like building new skills, advancing our careers or nurturing our personal well-being. These types of investments often have a lasting impact, yielding both tangible rewards, such as career advancement, and intangible ones, such as greater fulfillment and balance.Early in my career, I learned that self-investment isn’t a luxury; it’s a necessity. Whether it’s obtaining a…
[ad_1] Honeywell to split into three separate companies by 2026 [ad_2] Source link
[ad_1] Image source: Getty Images Plans to invest $75bn into artificial intelligence (AI) mean suddenly fewer people seem to want to buy shares in Alphabet (NASDAQ:GOOG). So is this a big problem or an opportunity? The stock has fallen 7% since the company released its earnings report for the last three months of 2024. But things might not be as bad as they look. The cloud One thing analysts are pointing to as a source of disappointment is the sales growth coming from Google Cloud, which came in at 30%. By itself, that doesn’t look too bad. On closer inspection…