The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...

Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his ...

In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...

In one case, a global bank based in Britain was recently instructed to conduct internal stress tests that included scenarios ...

WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.

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 ...

Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...

Britain's central bank lightened the capital requirements for medium-sized banks on Tuesday, as part of a wider set of ...

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 ...

Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn ...

The Bank of England plans to maintain an “ample” level of reserves in the UK financial system – steering away from both ...

The Bank of England is giving residents until the end of July to submit ideas for the look of future bank notes which could ...