Activity among British construction firms shrank sharply in January, marking the first contraction in almost a year, according to a survey published on Thursday
February 06, 2025
British households' expectations for inflation ended a run of increases and fell in January, according to a monthly survey published by Citi and YouGov on Thursday.
February 06, 2025
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it
February 06, 2025
From the Western world's biggest economic car crash to an emerging bridge between trade-warring superpowers, Britain's shifting 2025 narrative is hard to keep up with.
February 05, 2025
British services firms lost momentum last month as a looming rise in employer taxes led to the fastest job cuts in four years but price pressures remained strong, according to a
February 05, 2025
Investors added to bets on the Bank of England cutting interest rates and short-term government bond yields hit a three-month low as global markets braced for a hit
February 03, 2025
British factories reported another tough month in January as output, new orders and employment all fell, with companies hit by higher costs even before payroll
February 03, 2025
U.S.
January 31, 2025British lenders approved more mortgages than expected in December and net mortgage lending volumes rose by the most in more than two years, according to Bank of England data that
January 30, 2025
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy
January 30, 2025
Bank of England Governor Andrew Bailey said he was optimistic that tougher global bank capital rules would ultimately come into force despite
January 29, 2025
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge in gold deliveries to the United States
January 29, 2025
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.
January 28, 2025
A clear majority of British businesses look set to cut the size of pay awards for staff in response to coming tax hikes and they remain pessimistic about the outlook for the
January 27, 2025
Tepid growth across British businesses edged up at the start of 2025 but employment and optimism contracted again and price pressures rose, according to a survey that
January 24, 2025
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut
January 24, 2025
Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to
January 20, 2025
The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial
January 20, 2025
Average asking prices for newly listed homes in Britain had their biggest start-of-the-year increase since 2020 but uncertainty about the pace of interest rate cuts is hanging over
January 20, 2025
European shares ended on a positive note on Friday, benefiting from a broad-based rally which was fuelled by declining government bond yields and
January 17, 2025
Britain is set to have the fastest growth among major European economies this year, according to the International Monetary Fund, a
January 17, 2025
The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what the United States will do under Donald
January 17, 2025
British government bonds rallied for a third day running on Friday, all but wiping out a sharp spike in yields since the start of the year that had briefly prompted
January 17, 2025
British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the fourth quarter,
January 17, 2025British lenders expect demand for mortgages to slow in the months ahead even though they think availability will continue to rise, a Bank of England survey showed on Thursday.
January 16, 2025
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently
January 15, 2025
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but
January 15, 2025
British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the property market despite high borrowing costs, official
January 15, 2025
British inflation slowed unexpectedly last month and core measures of price growth - tracked by the Bank of England - fell more sharply, according
January 15, 2025
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month
January 15, 2025
British inflation figures will be closely watched on Wednesday as a sharp jump in government borrowing costs, concerns about domestic and global price pressures and
January 15, 2025
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain's fiscal sustainability as gilt yields
January 13, 2025
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and
January 12, 2025
British households' expectations for inflation rose in December, according to a survey published on Thursday that may add to concerns among investors about the slow pace of future
January 09, 2025
Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the right speed of
January 09, 2025
British businesses expect to raise prices and reduce staff numbers in response to an increase in employers' social security contributions that will take effect in April, a Bank of
January 09, 2025
British government bond prices fell sharply for a second day on Wednesday, pushing 10-year yields to their highest since August 2008, while 30-
January 08, 2025
British consumer lending grew at the weakest pace since mid-2022 in November and lenders approved fewer mortgages than expected, according to Bank of England data released on Friday which
January 03, 2025
The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of 2025, the second-highest amount on record and up from
January 02, 2025
British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a survey showed on
January 02, 2025
Britain's economy failed to grow during the first three months of Prime Minister Keir Starmer's new government, official figures showed on Monday, adding to
December 23, 2024
The Bank of England kept its main interest rate unchanged at 4.75% on Thursday but policymakers became more divided about whether rate cuts were needed to tackle a slowing economy.
December 19, 2024
The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday, a day after the Federal Reserve
December 19, 2024
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had predicted as officials
December 19, 2024
The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining at best
December 19, 2024
British government bond prices fell sharply on Thursday after the U.S.
December 19, 2024
A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan left interest rates on hold, as expected, clearing the way for traders to sell the yen - which fell to a one
December 19, 2024
The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a "
December 19, 2024
British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an
December 18, 2024
Inflation in the U.K. has risen to its highest level since March
December 18, 2024
British pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in
December 17, 2024
The end of the year is almost in sight for traders, yet the last mile will be anything but slow.
December 13, 2024
Sterling's return close to pre-Brexit referendum levels against the euro owes much to Britain's delicate dance between resetting relations with Europe and the return of
December 13, 2024
The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the
December 11, 2024
Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine
September 20, 2023
The Bank of England has paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises
September 21, 2023
Bank of England holds main interest rate steady after nearly two years of hikes in wake of surprise fall in inflation
September 21, 2023It is still not clear whether higher U.S. tariffs on goods imports proposed by U.S.
December 05, 2024
Inflation in the U.K. held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs for motorists
October 18, 2023
The Bank of England kept its main interest rate unchanged at the 15-year high of 5.25% and indicated that borrowing costs will likely remain at these sort of elevated levels for a while yet especially if oil and gas prices increase sharply because of the Israel-Hamas war
November 02, 2023
The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a rise in UK bond yields
April 26, 2024
The Bank of England says it will make an assessment next year about the risks posed by artificial intelligence and machine learning
December 06, 2023
Inflation in the U.K. as measured by the consumer prices index has eased back to its lowest level in more than two years
December 20, 2023
Britain, which has had the strongest inflation among the world's big rich economies for much of the past two years, could see its pace of price growth slow to below 2% before the
April 26, 2024
The Federal Reserve and the Bank of England, grabbing the baton from the ECB and the Bank of Japan, hold their first meetings of the year while U.S. tech giants and Europe banks report
April 26, 2024
The Bank of England is expected to keep its main interest rate at near 16-year highs and indicate that lower borrowing costs aren't imminent because inflation is stuck too high for comfort
February 01, 2024
When the Bank of England's chief economist was asked to explain why its forecasting models had failed to anticipate runaway inflation, he sought to manage
May 07, 2024
Britain's dominant services sector lost steam in November, although not by as much as first feared, as a looming rise in employer taxes weighed on firms' hiring plans, a survey
December 04, 2024
Bank of England Governor Andrew Bailey reiterated in an interview published on Wednesday that gradual cuts in interest rates are likely over the next year, adding that the process of
December 04, 2024
Price rises in the U.K. eased by more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months
March 20, 2024
The Bank of England is expected to indicate that interest rates could be cut in the coming months following news that inflation across the U.K. is falling faster than expected
March 21, 2024
Bank of England Deputy Governor Dave Ramsden said on Friday that the risk of British inflation getting stuck too high had receded and it might prove weaker than the BoE's most
May 05, 2024
Cut in June or not at all? The Bank of England is left parsing policy between a European Central Bank nailed on for cutting rates by mid-year and a U.S.
May 08, 2024
Brazil top court to weigh whether Bolsonaro will stand trial
China's vice premier meets Blackstone chairman in Beijing
Relief rally starts to fizzle
Citigroup appoints Akira Hoshino as head of markets for Japan
Josh Pastner agrees to become UNLV's coach, AP sources say
Baseball star Shohei Ohtani’s ex-interpreter has prison start postponed
Greenlanders unite to fend off the US as Trump seeks control of the Arctic island