The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the ...
The base rate helps dictate how expensive it is to take out a mortgage or a loan, as well as influencing the interest rates ...
It is widely expected that there will be a 0.25 percentage point cut at the Bank of England's first Monetary Policy Committee of the year ...
GBP/JPY trims its recent losses, trading around 191.50 during the European hours on Monday. However, the GBP/JPY cross could ...
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...
A MAP has revealed the UK’s laziest ISA savers who are forfeiting up to £105 extra a year in interest. Data shows that ...
The downside of the EUR/GBP pair might be limited as the Pound Sterling (GBP) faces risks due to expectations that the Bank ...
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.
City bosses are demanding that the financial regulator scraps diversity proposals because it will 'only create jobs in HR'.
The Bank of England is expected to reduce interest rates amid economic uncertainty, inflation concerns, and weak growth ...