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…
Bank of England likely to cut interest rates, hints Andrew Bailey
Band of England (BoE) governor Andrew Bailey has indicated that the Bank is likely to cut interest rates…
Bank of England poised to cut interest rates in May
UK inflation fell more than expected in March, paving the way for the Bank of England (BoE) to…
Pound Sterling outperforms on strong UK employment data
The Pound Sterling outperforms most of its peers on upbeat UK employment data for three months ending February.…
UK jobs data sends conflicting messages to Bank of England
Today’s labour market report for the UK – released by the Office for National Statistics (ONS) – has…
Bank of England Delays $779 Million Bond Sale After Tariff Turmoil
England’s central bank has postponed a bond sale following an uptick in tariff-related market pressure. As Bloomberg News reported Thursday…