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 ...
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
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), ...
Rolling coverage of the latest economic and financial news, including the latest data on the UK cost of living. Rise in ...
Interest rates are expected to be held at 5% by the Bank of England on Thursday. The decision at midday comes after it was ...
UK shares rose on Thursday, tracking gains in global equities after the Federal Reserve initiated a 50-basis-point rate cut, ...
UK inflation held at just above the Bank of England’s 2% target in August, leaving the door open to further ...