UK unemployment rises and wage growth slows ahead of Bank of England interest rate decision
UK unemployment rose and wage growth slowed, according to the Office for National Statistics (ONS), in further signs…
Bank of England braced for tough call on interest rates
The Bank of England (BoE) faces one of its most finely balanced policy decisions in months this week,…
Bank of England warns First Brands and Tricolor collapses may signal deeper financial risks
The governor of the Bank of England (BoE) has warned that the recent collapse of two US private…
Shocks driving UK’s high inflation will fade
In an op-ed published in The Times, Bank of England (BoE) policymaker Swati Dhingra argued that shocks driving…
BOE holds rate steady in September – UOB Group
As expected, the Bank of England (BOE) voted by a majority of 7–2 to maintain the Bank Rate…
Bank of England set to cut rate as UK economy weakens
With the BoE likely to trim borrowing costs by a quarter point to 4.0 percent, focus will be…
Pound Sterling underperforms as UK economy shrinks at a faster-than-expected pace
The Pound Sterling faces a sharp selling pressure against its major peers as the UK economy declined at…
BoE risks repeat of Brexit pessimism as growth signals diverge
LONDON: Bank of England (BoE) rate setters risk underestimating the strength of the UK economy by placing too…
New London budget cuts lead to numerous job losses for crossing guards
NEW LONDON, Conn. (WFSB) – Because of cuts in the budget in New London, a number of crossing…
Pound Sterling gains on surprisingly positive UK Retail Sales data
The Pound Sterling rebounds against its major peers after the UK ONS reported upbeat Retail Sales data for…