Bank of England slashes growth hopes for British economy in 2025
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 ...
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
Bank of England chief faces questions over economy gloom and stagflation after interest rate cut: Live
Bank of England chief faces questions over economy gloom and stagflation after interest rate cut: Live - Interest rates were ...
Trump backs targeted tariffs as EU scrambles to cut taxes on US cars
The European Union is scrambling to cut taxes on American cars in a bid to avert a trade war with Donald Trump. Brussels is ...
Bank warned to be 'cautious' over further rate cuts to interest rates, top official warns
Huw Pill, the Bank's chief economist, said the battle against inflation was not yet 'job done' and that a slowdown in the speed of price increases 'may be not quite as strong as we had previously ...
Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
Back to the 70s nightmare: Labour's Britain faces a new era of rising inflation, flatlining growth and stagflation, the Bank of England warns
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
Hargreaves Lansdown issues unwelcome message to customers as payouts drop
Investment platform and ISA account firm Hargreaves Lansdown has issued an unwelcome message to customers following the Bank ...
Barclaycard makes huge change to credit card fees for customers
Barclaycard is about to implement a significant change to credit card fees for millions of its customers. The company ...
Bank of England chief economist downplays fears over inflation surge
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...
FTSE falls and Wall Street heads lower as US job creation slows in January
US stocks traded lower after fresh data showed the economy added 143,000 jobs in January, fewer than the 175,000 expected by ...