Bank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week ...
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...
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 ...
Low growth and high inflation means the economy can't afford the government's policies and Reeves must reconsider her looming ...
The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...
The U.S. dollar held steady on Friday ahead of key U.S. payroll figures later in the day, after the yen climbed to a ...
On the upside, Legal & General surged as it announced the sale of its US protection business to Japanese peer Meiji Yasuda, with the latter taking a 5% stake in L&G in a deal worth $2.3bn.
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary policy and key U.S. jobs data remain in focus.
The dollar initially surged against the peso and Canadian dollar, only to reverse course on news of the tariff delays. The reaction of the Chinese yuan was complicated by the fact that mainland market ...
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.