News

The Bank of England is aiming for Britain's financial system to have an "ample" level of reserves rather than a scarcity or ...
Bank of England policymaker Catherine Mann said on Tuesday that inflation pressures remained a challenge despite a fall in ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...
Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his ...
Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...
Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
Mid-tier banks have long faced regulatory hurdles that hinder growth, especially the minimum requirements once a lender's ...
One analyst said the Bank was "stuck between delaying rate cuts to tame prices or easing policy to support a weakening ...
Robert Wood, UK economist at Pantheon Macroeconomics, said interest rates should be held even though he now predicts a one-off cut.
Andrew Bailey warned that 'tariffs creates the risk of fragmenting the world economy' in a speech on Tuesday evening.
The Bank of England announced a review to ensure continued access to physical currency, particularly for vulnerable members ...