Bank of England’s Mann warns of ’embedded’ UK inflation risk after decision to hold
"Structural behaviours in UK labour and product markets appear to have systematically embedded inflation," she said in a speech in Lithuania.
Cautious Bank of England Hold Rates, Extends Bond Reduction Plan
The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future cuts, and also held off from running down its bond holdings at a faster pace, avoiding extra budget strains for finance minister Rachel Reeves.
Bank Of Japan Keeps Rate Unchanged As Expected
The Bank of Japan maintained its benchmark rate unchanged as widely expected on Friday. In a unanimous vote, the Policy Board
Bank of England to announce interest rate decision
The rate is expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the pandemic.
Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened
Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote
Bank of England maintains rates and reiterates ‘gradual approach’ to further easing
The MPC is likely to reduce rates by a quarter point once more this year, as services inflation and wage growth remain elevated
Bank of England decision: Key interest rate maintained at 5% with one voter dissenting
From the decision: "There has generally been limited news in UK economic indicators relative to the Committee’s expectations in the August Monetary Policy Report. Headline GDP growth is expected to return to its underlying pace of around 0.
UK debt hits high ahead of 'painful' budget
The state debt of the United Kingdom is as big as the country's gross domestic product for the first time since the 1960s.
UK debt hits 100% of GDP, adding to Rachel Reeves' headache
British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...
PM accused of 'disheartening' economy messaging
The UK government is creating a "disheartening and dispiriting" atmosphere with its gloomy messages on the economy and public ...
Tuko3h
UK economic data delivers fresh blow to new govt
UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...
UK consumer confidence tumbles in anticipation of ‘painful’ Budget
Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale ...
RTE Online2h
UK government borrowing jumps in August ahead of budget
British Chancellor Rachel Reeves faces a fresh headache ahead of her first Budget this autumn after official figures revealed ...
Only one in four foreign students enrol on courses that will 'benefit British economy'
EXCLUSIVE: Some 111,295 students out of 459,170 are studying 'strategically important' courses, said the Centre for Migration ...
Starmer Says He Won’t Hurt Economic Growth With UK Budget Plans
UK Prime Minister Keir Starmer said he’ll prioritize economic growth in the government’s upcoming Budget, despite concerns ...
UK economy stagnates for second consecutive month as growth falters
The UK economy showed no growth in July for the second straight month, driven by weaknesses in manufacturing and construction ...
Britain on the brink as UK economy faces '£40bn tax hikes' to get debt under control
A huge £40billion in tax rises or 10 years of spending cuts will be needed to recover the UK economy, it has been warmed.
China seeks to restart economic dialogue, expand cooperation with UK
China is willing to restart economic and financial dialogue with the United Kingdom, Chinese state media cited Vice Premier ...
Fed chair Jerome Powell holds press conference after interest rate cut – business live
Announcement marks first cut in four years. Powell responded to a question about accusations that an interest rate two months ...