A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to “purge” the risks to ...
Bank of England Governor Andrew Bailey said on Thursday he was "optimistic" that inflation pressures would ease sufficiently ...
The US Federal Reserve on Wednesday announced a jumbo half-point rate cut. And investors expect UK interest rates will continue to fall to 4 per cent by March next year. Five-year deals have ...
UK state debt is as big as the country’s economic output for the first time since the 1960s, data showed on Friday (Sep 20), ...
UK shares rose on Thursday, tracking gains in global equities after the Federal Reserve initiated a 50-basis-point rate cut, ...
It is the second month in a row where inflation came in at 2.2%, after creeping up in July. But a rate cut still looks ...
UK inflation held at just above the Bank of England’s 2% target in August, cementing expectations that policymakers will ...
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has ...