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Andrew Verity
BBC economics correspondent. That should mean I'm corresponding with everyone. Views mine: facts, everyone's.
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Andrew Verity Feb 5
Judge Purdey has reserved judgment at Westminster magistrates over Navinder Sarao's extradition until 23 March.
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Andrew Verity Feb 5
Flash crash trader Nav Sarao's barrister James Lewis has accused US govt of 'an abuse of process' and 'misleading the court'.
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Andrew Verity Feb 5
'All high volume traders cancel 99% of their orders' Nav Sarao defence lawyer James Lewis QC
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Andrew Verity Feb 5
Nav Sarao's lawyer: 'There is no English crime of spoofing. No-one has ever been convicted of the conduct specified' (by US authorities)
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Shaun Richards Feb 4
That comes preprinted on the Inflation Report. In reality they have no idea at all...
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Andrew Verity Feb 4
Markets are judging an interest rate cut is more likely (40% implied probability) than rise (7.5%)
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Andrew Verity Feb 4
The "implied probability" on financial markets of a hike in interest rates by the end of this year is now just 7.5 per cent ie 13-1 against.
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Andrew Verity Feb 4
"central projection for inflation is modestly below that of three months ago for much of the forecast period but broadly similar by the end"
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Andrew Verity Feb 4
BoE still thinks CPI inflation will get above 2% target slightly after 2 yrs "and then rise further above it"
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Andrew Verity Feb 4
"The scale of recent commodity price falls means that CPI inflation is likely to remain below 1% until the end of the year" (BoE)
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Andrew Verity Feb 4
Wage growth has been weaker than anticipated and labour costs are expected to rise a little less quickly than thought (in November) - BoE
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Andrew Verity Feb 4
BoE has reduced growth forecasts and voted 9-0 to keep the official rate at 0.5%. That means SEVEN years of emergency rates.
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Andrew Verity Feb 4
Goldman Sachs says the pound could devalue by 15-20 per cent if we vote for Brexit:
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Ian Fraser Feb 3
RBS shares down 2.16% this a.m., tumbling to 235.40p. That's 53 per cent below UK govt's "break even" price of 502p
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Bloomberg Business Feb 3
China targets economic growth of 6.5% to 7% this year
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David Buik Feb 3
Clydesdale share price heading towards Plimsoll line at 180.75-181p at 9.02am
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Andrew Verity Feb 3
hope not yet.
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Andrew Verity Feb 1
The effective interest rate on new mortgages is just 2.55%, says data released this morning by the Bank of England:
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The Scottington Post Jan 30
perhaps a wee tax on land values might though. Bit of transparency on ownership wld help as well.
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Andrew Verity Jan 30
£500,000 house price is FIFTEEN times the average London wage. Loan to income caps alone won't cure this collective mental illness
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