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.
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.
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.
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Sir Keir Starmer’s decision to step down as Prime Minister sent ripples through financial markets, with UK borrowing costs rising and sterling weakening as investors assessed the prospect of a
“There are fewer sadder sights than politicians playing musical chairs with people’s lives in order to better their own.”
Oh wow indeed — that is a really close call from the Bank of England.
A senior economist has rebuked Labour for what he described as a “daft post” after the party appeared to take credit for the Bank of England cutting interest rates six
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
Rachel Reeves is expected to raise taxes by around £30bn as she prepares to lift the two-child benefit cap, according to new forecasts from Goldman Sachs.
London stocks finished firmly higher on Wednesday, recovering from earlier losses as a rebound in technology shares and stronger-than-expected U.S. employment data boosted investor sentiment.