Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2 target level.

(Alliance News) - A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to "purge" the risks to UK inflation. Catherine Mann, an economist and member of ...

The Bank of England (BoE ... Despite the projected rate hike, economic indicators suggest that the BoE might hint at a pause in its tightening cycle. The UK economy managed to grow by 0.2% in Q2, ...

The GBP/USD outlook shows solid bullish momentum after a supersized Fed rate cut and a pause by the Bank of England.

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...

LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, ...

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 ...

Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe ...

British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...

On Wednesday, the Federal Reserve enacted a 50 basis point rate cut, ensuring the mood in equity markets was largely bullish this week. The Bank of England followed with a hold on Thursday. Elsewhere ...

British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...