As had been fully expected, the Bank of England’s Monetary Policy Committee decided to maintain Bank Rate at 5.00% today, taking a pause for breath having...
This morning’s UK inflation figures showed headline CPI remaining at 2.2% YoY in August, for the second month in a row, as price pressures continue to...
Having delivered the first Bank Rate cut of the cycle at the August meeting, the MPC are likely to stand pat this time around, instead waiting...
The employment rate came in at 74.8%, a small increase on the previous quarter. Unemployment came in at 4.1%, down slightly on the previous quarter and in line with market expectations (Trading...
The recent move by the Bank of England (BoE) to cut interest rates from a 16-year high of 5.25% to 5.00% marks the beginning of what...
UK GDP showed no growth month-on-month in June, following 0.4% growth in May, with quarterly growth of 0.6%. The monthly result reflects a modest fall in services output,...
The fall in service inflation is ‘very encouraging’ for the Bank of England (BoE) and could signal another interest rate cut next month, a financial expert...
This morning’s UK inflation data showed an unsurprising uptick in headline inflation in June, with CPI rising to 2.2% YoY, back above the BoE’s 2% target,...
On Friday, the British pound stabilised, after a rebound in Thursday, but remained close to its one-month low against the dollar. This slight recovery followed a...
The Financial Conduct Authority is to relocate jobs from London to Leeds. (Credit – Getty Images) The Financial Conduct Authority (FCA) has revealed plans to relocate...
Meanwhile, a survey showed that domestic services companies reported an influx of new orders and the biggest rise in employment for over a year during July...
The Old Lady of Threadneedle Street has clearly seen enough in recent data to reassure policymakers that the underlying disinflationary trend within the UK economy remains...