News

Bank of England interest rate-setter Catherine Mann said on Wednesday that strong demand without corresponding supply-side ...
The Bank of England is aiming for Britain's financial system to have an "ample" level of reserves rather than a scarcity or ...
UK inflation unexpectedly rose to its highest level since January 2024 as food prices jumped, keeping some pressure on the ...
After costly policy reversals by her boss and an unexpected shrinking of the economy, the last thing the Chancellor needed ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...
LONDON — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official ...
Bank of England Governor Andrew Bailey said he isn't yet convinced that the U.K. actually needs a CBDC, which would be a ...
The Office for National Statistics (ONS) has shown that inflation remained well above the Bank of England's two per cent ...
There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...
If the Bank of England holds interest rates steady again next week, it would be indefensible. The UK economy is clearly ...
The Bank of England plans to maintain an “ample” level of reserves in the UK financial system – steering away from both ...
The rate of inflation climbed to 3.6 per cent in June – up from 3.4 per cent in May. That’s well above the 2 per cent target ...