12 noon BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and
September 19, 2024
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation
September 19, 2024
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect.
September 20, 2024
The Bank of England should be able to lower interest rates gradually as it gains confidence that inflation will remain close to its 2% target, Governor Andrew Bailey said in an
September 24, 2024
British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end of August, offering a median raise of 4%, figures from human resources data
September 24, 2024
Pay settlements awarded by British employers held at their lowest in two years in the three months to August, according to a survey that could reassure the Bank of England as it
October 01, 2024
Worries about risks to the UK financial system posed by a global economic downturn have risen sharply to their highest level since the second half of 2019, a Bank of England (BOE)
October 02, 2024
The Bank of England could move more aggressively to cut interest rates if inflation pressures continue to weaken but conflict in the Middle
October 03, 2024
British services firms lost some momentum but continued to grow in September and the prices they charged rose at the slowest pace in almost four years, according to a survey likely
October 03, 2024
The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day after Governor
October 04, 2024
Britain's housing market recovered further last month, according to property surveyors who said house prices, sales and enquiries rose, but pressure in the rental sector intensified
October 09, 2024
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting
October 16, 2024
Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting borrowing costs.
October 21, 2024
Growth in pay awards by British employers stagnated during the three months to September and firms expect average wage rises to cool over the coming 12 months, according to a survey
October 22, 2024
Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but said the cooling of price growth still had "a long way to go" for the
October 24, 2024
The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing
October 26, 2024
The Bank of England will cut its Bank Rate by a quarter-point on Nov. 7 to 4.75%, according to all 72 economists polled by Reuters, but a near-two-thirds
October 28, 2024
Britain's pivotal tax, borrow and invest budget has elevated the Bank of England's interest rate horizon but sterling has hesitated and reversed - suggesting some
November 01, 2024
British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum
November 01, 2024
British lenders approved the most mortgages for house purchase since August 2022 last month but consumer credit growth slowed slightly to its weakest in nearly two years, Bank of
November 29, 2024
The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation,
November 29, 2024
Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able to access the funding they would need in such a
November 29, 2024
The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for investors is whether the BoE sends a
November 07, 2024
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%
November 07, 2024
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after
November 07, 2024
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be
November 07, 2024
Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of 2024, while UK-focussed stocks rose after
November 07, 2024
Buying a new home in Britain became a little more affordable this year as average wages rose faster than house prices and mortgage costs, the country's largest
November 28, 2024
British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on Tuesday, potentially
November 12, 2024
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target
November 12, 2024
Britain should stand up for free trade and rebuild ties with the European Union as the global economy fragments, Bank of England Governor Andrew Bailey said in a speech on
November 14, 2024
Just when Britain seemed to be moving beyond its inflation problem, the new government's spending splurge and the risk of a global trade war triggered by U.S.
November 15, 2024
The Bank of England's most recently appointed interest rate-setter Alan Taylor said the central bank's gradual approach to cutting borrowing costs was in line with recent market
November 19, 2024
The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other financial market
November 19, 2024
The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split
November 19, 2024
Britain's official labour market statistics may be failing to count almost 1 million people who are in work, complicating the Bank of England's task of deciding
November 20, 2024
British inflation is at least as likely to undershoot the Bank of England's latest forecasts as it is to match them, potentially requiring faster rate cuts, Deputy
November 20, 2024
High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest
November 13, 2024
Bank of England Deputy Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in higher - not lower -
November 25, 2024
Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year
November 20, 2024
Bank of England's Clare Lombardelli said U.S.
November 26, 2024
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