Defaults on leveraged loans are rising as the BoE warns of the ‘challenges’ of private equity

Stay informed with free updates Simply log in to the Private assets myFT Digest – delivered straight to your inbox. Defaults on loans to risky borrowers, a lifeline for private equity-owned firms, have risen by 250 percent, according to the Bank of England, which warned that the sector “faces challenges in the higher interest rate … Read more

BoE, Sterling Outlook: GBP/USD, GBP/CHF key levels and scenarios to watch

BoE, Sterling Outlook and scenario analysis: Sterling is at the mercy of the UK CPI print and the Bank of England’s interest rate decision GBP/USD Reveals Downside Potential After FOMC Revisions Will the SNB cut again despite Chariman Jordan’s comments on the currency? The Bank of England (BoE) meets on Thursday. It is very likely … Read more

The fallout from Macron’s election gamble continues ahead of the BoE

Sunday June 16, 2024 11:51 am Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Emmanuel Macron has opted for early parliamentary elections, although he remains in power in France Investors will have plenty of domestic economic data to digest this week, including … Read more

Reeves warns against changing the way the BoE pays interest on bank reserves

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shadow Chancellor Rachel Reeves has warned of the “dangers” of overhauling the way the Bank of England pays interest to commercial lenders on their deposits, pouring cold water on an idea that some economists have … Read more