The Office for National Statistics (ONS) data shows that inflation is unchanged and remains at 2%. Financial markets and some economists were expecting inflation to fall...
The institution warns that investors are overly fixated on positive economic news, causing asset prices to surge and increasing the risk of a “sharp correction” in...
The Bank of England’s Monetary Policy Committee sprang no surprises with today’s decision to hold Bank Rate steady for the seventh straight meeting, with such a...
The British pound is edging slightly lower after yesterday’s rebound, particularly against the US dollar, due to a stronger uptick in US bond yields. Despite today’s...
Despite the positive news that inflation has reached the 2% target the Bank of England is set to keep interest rates at 5.25%. In May the...
Taylor Swift’s record-breaking Eras Tour is significantly boosting consumer spending as it reaches the U.K., potentially complicating the Bank of England’s efforts to control inflation, CNBC...
The British pound continues to advance slightly against the US dollar for the third day in a row, by 0.03%, while the euro is still located...
A month ago, the June MPC meeting had been expected to herald the Bank of England’s first rate cut of the cycle. However, since the last...
Unemployment has risen to its highest in more than two years as the jobs market has weakened and official figures shows that wage growth remains strong....
With the General Election a matter of weeks away, the focus is firmly on the UK economy. The latest CBI economic forecast points to encouraging signs...
Last month growth in the UK’s services sector slowed as inflation fell to the lowest in three years. According to the S&P Global UK services PMI...
Today marks the first day that banknotes of King Charles III officially enter circulation which will co-circulate alongside Queen Elizabeth II. King Charles portrait will feature...