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.

The group of roughly six to 10 people will focus on the modelling and simulation of market-wide stress scenarios, Risk.net has learned. The team will work initially on building agent-based models – ...

Britain blindsided the European Union just before Trump took office by parking a host of banking reforms — and directly ...

The Bank of England’s top economists will meet on February 6 when forecasters predict they will cut the base interest rate to 4.5%.

The Bank of England is expected to bring down borrowing costs and cut interest rates to their lowest level in 18 months this ...

GBP/USD continues its decline for the fifth consecutive session, hovering around 1.2270 during Monday’s Asian trading hours.

The Chancellor’s crisis is entirely self-inflicted. Next week will be Judgement Day for Rachel Reeves. Unfortunately, ...

Andy Haldane, who left the Bank in 2021, told The i Paper that Reeves must put more focus on local growth missions and ...

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.

The unprecedented movement of gold and silver from London to New York continued to create uncertainty in the bullion markets ...

The government confirmed in November 2024 that there will be no additional bank holidays this year to commemorate the 80th ...

City bosses are demanding that the financial regulator scraps diversity proposals because it will 'only create jobs in HR'.