Sajid Shaikh

Acting Co-Head at Yahoo Finance

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Articles

Economics Nobel Laureate calls for a 'working-class liberalism'

1 week ago | aol.co.uk | Sajid Shaikh

Economics Nobel laureate Daron Acemoglu has called for working-class liberalism. In his talk at the London School of Economics on Wednesday, as part of LSE Festival: Visions for the Future, professor Acemoglu said that despite liberalism's enormous success, he's become convinced that the old version of liberalism is dead and needs remaking. "I have become convinced over the last decade that liberalism's enormous successes are being overshadowed by some problems.
Interest rate cuts and trade deals lift the mood

1 month ago | au.finance.yahoo.com | Sajid Shaikh

Behold the heatwave! The temperatures, after dipping into the teens – and even lower with cloud cover to boot – are rising again amid the promise of more sunshine this weekend. Past that weather report, in the world of finance a lot has happened this week.
The Weekend: Interest rate cuts and trade deals lift the mood

1 month ago | aol.co.uk | Sajid Shaikh

Behold the heatwave! The temperatures, after dipping into the teens – and even lower with cloud cover to boot – are rising again amid the promise of more sunshine this weekend. Past that weather report, in the world of finance a lot has happened this week.
UK-US trade deal benefits Rolls-Royce amid tepid FTSE

1 month ago | finance.yahoo.com | Sajid Shaikh

The UK-US trade deal has received a mixed response from markets, with most remaining guarded about its long-term prospects. Hailed as a 'breakthrough and great deal' by US president Donald Trump on Thursday, the US-UK pact is the first for his administration since imposing — then pausing — sweeping "reciprocal" tariffs against all trading partners in early April. Under the deal: US tariffs on British cars fall to 10% for the first 100,000 vehicles exported to the US.
UK-US trade deal benefits Rolls-Royce amid mixed market response

1 month ago | aol.co.uk | Sajid Shaikh

The UK-US trade deal has received a mixed response from market observers, with most remaining guarded about its long-term prospects. Hailed as a 'breakthrough and great deal' by US president Donald Trump on Thursday, the US-UK pact is the first for his administration since imposing — then pausing — sweeping "reciprocal" tariffs against all trading partners in early April. Under the deal:US tariffs on British cars fall to 10% for the first 100,000 vehicles exported to the US.
UK inflation unchanged at 6.7% but key data suggest BoE may hold interest rates

Oct 18, 2023 | aol.co.uk | Sajid Shaikh

The UK inflation remained unchanged at 6.7% in September, according to the Office for National Statistics. Data published on Wednesday showed falls in food and drink prices were cancelled out by rise in fuel prices and hotel accommodation. However, there was a slight drop in core inflation to 6.1%, from the 6.2% seen in August, suggesting the Bank of England may decide to hold interest rates in November meeting.
Mortgage misery and recession warning as Bank of England set to raise interest rates

Aug 2, 2023 | ca.news.yahoo.com | Sajid Shaikh

Governor of the Bank of England Andrew Bailey. The BoE is expected to hike UK interest rates on Thursday. Photo: Henry Nicholls/AFP via GettyThe Bank of England (BoE) is likely to raise interest rates by 0.25% to 5.25% when the monetary policy committee (MPC) meets on Thursday. If the MPC goes ahead with the rate rise, which is widely expected by markets and forecast by analysts, this will be the 14th consecutive increase and record high since the 2007/08 financial crisis.
Bank of England likely to raise interest rates to new high

Jul 31, 2023 | es-us.finanzas.yahoo.com | Sajid Shaikh

The Bank of England (BoE) is likely to raise interest rates by 0.25% to 5.25% when the monetary policy committee (MPC) meets on Thursday. If the MPC goes ahead with the rate rise, which is widely expected by markets and forecast by analysts, this will be the 14th consecutive increase and may prompt another round of mortgage rate rises. There is an outside chance the BoE may still go ahead with yet another 50bps rise.
Bank of England likely to raise interest rates to new high

Jul 31, 2023 | malaysia.news.yahoo.com | Sajid Shaikh

Bank of England is expected to hike UK interest rates on Thursday. Photo: Hollie Adams/ReutersThe Bank of England (BoE) is likely to raise interest rates by 0.25% to 5.25% when the monetary policy committee (MPC) meets on Thursday. If the MPC goes ahead with the rate rise, which is widely expected by markets and forecast by analysts, this will be the 14th consecutive increase and may prompt another round of mortgage rate rises.