Fresh North Sea Oil and Gas Find Heaps Pressure on Miliband’s Drilling Ban
Fresh North Sea Oil and Gas Find Heaps Pressure on Miliband’s Drilling Ban
More than £12.8 billion was wiped off the value of UK bank shares on Friday after warnings over bad loans at US regional banks rattled investors worldwide.
Bank of England Expected to Hold Rates Despite Jobs Market Weakness
Chancellor Rachel Reeves is weighing an increase in the VAT registration threshold as part of her autumn Budget, in an effort to spur business growth and offset a looming £20bn
Barclays expects the Bank of England to cut interest rates once more this year, followed by another reduction early in 2026.
Bank of England Cuts Interest Rate to 4% in Narrow Vote Amid Economic Struggles
With the UK economy faltering, inflation still simmering, and global trade tensions escalating, it’s a challenging moment to be a central banker.
UK Construction Slump Strengthens Case for Interest Rate Cut
Citi Expects Three More Bank of England Rate Cuts This Year
The Bank of England (BOE) is set to announce its next interest rate decision on Thursday, June 19, 2025. This follows the recent cut that was seen in early May,
Bank of England Governor Andrew Bailey has firmly denied suggestions of “groupthink” within the Monetary Policy Committee (MPC), following a rare three-way split in the latest vote on interest rates.
The Bank of England takes centre stage today as policymakers prepare to set interest rates against a backdrop of global trade tensions and a sluggish UK economy.