Bank of England Governor Andrew Bailey warned that the UK economy is still “static,” pouring cold water over surprisingly ...

The BoE have warned of weak growth and rising unemployment. While the data has been on the weak side, recent GDP and ...

The Pound Sterling (GBP) registered modest gains versus the US Dollar (USD) on Monday in thin liquidity trade due to the observance of US President's Day. At the time of writing, the GBP/USD pair ...

The BOE had expected a contraction in the final ... including former hawk Catherine Mann, backing a larger half-point cut at the February meeting. The rest of the committee voted for a quarter ...

While the UK is evading US tariffs for now, its economy continues to face a somewhat undecided future, with taxes on business set to increase in April and a lingering drag from the elevated interest ...

The UK economy is “static” as it faces cost-of-living pressures from higher energy costs and global tariff threats, said the ...

Indeed, core services inflation was up to 5 per cent from 4.4 per cent previously. Earlier this month the BoE cut rates after ...

Governor of the Bank of England Andrew Bailey has reaffirmed a ‘gradual and careful’ approach to any further interest rate ...