Bank of England rate-setter Megan Greene said on Wednesday it was right to take a cautious and gradual approach to cutting ...

Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

Supply constraints rather than soft demand caused recent weakness in the U.K. economy, suggesting to BOE member Megan Greene ...

Speaking at The University of Chicago Booth School of Business in London, Bank of England (BoE) Governor Andrew Bailey has ...

A rate-setter at the Bank of England backed a “cautious” approach to cutting interest rates despite the “uncomfortable” ...

The recent weakness of activity in the U.K. economy is likely due to supply constraints rather than soft demand, suggesting borrowing costs will have to stay restrictive to tame inflation, a Bank of ...

Britain is set for solid economic growth and lower inflation in 2024, but the Bank of England (BoE) has little room for ...

The US Dollar (USD) came under selling pressure on Tuesday, allowing GBP/USD gain traction. The lack of fresh headlines ...

Tuesday saw the GBP/USD shake off its near-term bearish momentum, cutting off a three-day losing streak and recovering some ...

The BoE cut interest rates to 4.5% from 4.75% and warned of “stagflation” amid looming recession woes in the U.K. PM Keir Starmer claims the ...

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

GOT some cash burning a hole in your pocket? You could actually be sitting on a fortune far greater than you think, with some ...