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By Stefania Spezzati, Jesús Aguado and Lawrence White LONDON (Reuters) -The Bank of England has asked some lenders to test ...
The pound was set to finish the week down on the dollar and a fraction stronger against the euro as traders digested data ...
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 ...
In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...
Major Wall Street brokerages have retracted forecasts for a September interest rate cut by the Bank of England as inflation ...
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 ...
Britain's central bank lightened the capital requirements for medium-sized banks on Tuesday, as part of a wider set of ...
Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...
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 ...
The Bank of England is giving residents until the end of July to submit ideas for the look of future bank notes which could ...