Barclays PLC (LON: BARC) has reported a 12% increase in third-quarter pre-tax profit to £2.3 billion and announced a further £500 million share buyback, supported by higher income, stronger UK
Bank of England tipped to raise interest rates in November
The Bank of England is expected to raise interest rates in November and February as stronger-than-expected UK economic growth reduces concerns that higher borrowing costs could undermine economic activity, according
Bank of England Holds Rates at 3.75% as Bailey Warns Hikes May Be Needed
The Bank of England has kept interest rates unchanged at 3.75%, despite inflation rising to a five-month high and mounting pressure from higher energy prices.
Bank of England Expected to Hold Rates Despite Inflation Rising to 3.1%
The Bank of England is expected to keep interest rates unchanged at 3.75% on Thursday, despite UK inflation rising to a five-month high.
BBC sends debt collectors after licence fee non-payers
BBC has intensified efforts to tackle falling licence fee revenues by appointing debt collection specialist Themis Recoveries to pursue households suspected of avoiding payment.
Drivers buying less fuel as petrol prices remain elevated
Drivers avoided filling up at petrol stations last month as soaring fuel prices triggered by the Iran conflict prompted motorists to delay purchases, according to the AA.
Petrol prices hit two-week high as oil market volatility continues
UK fuel prices have started rising again following last week’s sharp surge in oil markets, which briefly pushed crude prices to their highest level in four years.
UK households go hungry as food prices soar
Britain’s cost-of-living crisis has reached critical levels, with new data revealing that approximately three million families are now skipping meals to manage their household budgets. A comprehensive survey conducted by
Bank of England may restart rate cuts in fourth quarter
The Bank of England could begin cutting interest rates in the fourth quarter of 2026 if energy market pressures ease, according to Andrew Wishart of Berenberg.
Bank of England likely to keep rates steady at 3.75%
The Bank of England is widely expected to hold interest rates at 3.75% at today’s policy announcement, as policymakers take a cautious stance amid escalating tensions in the Middle East.
Bank of England flags risk of downturn in global stocks
Sarah Breeden has warned that investors should be prepared for a potential correction in global equity markets, citing elevated valuations and mounting risks.
Markets see Bank of England more likely to raise rates
The Bank of England is increasingly likely to raise interest rates this year rather than hold them steady, according to economists at Pantheon Macroeconomics.