The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Growing up in our area I’ve seen the impact that economic hardship – through austerity, mismanagement and global recession – ...
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
The Bank of England is widely expected to lower interest rates on Thursday, marking its first cut since June 2023, as policymakers respond to weakening economic conditions. The nine-member Monetary ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp ...
French said that a pivot to a faster pace of UK rate cuts is unlikely in the near term and that ... a historic low of 0.1% in 2021 to 5% in 2023 to combat inflation. With economic growth stalling in ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...