Two months have elapsed without a word from Bank of England Governor Andrew Bailey, leaving financial markets and the public in a state of uncertainty. The...
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 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...
The Prime Minister has declared that the Tories have reached the 2% target for inflation for the first time in three years. Rishi Sunak has said...
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...
According to official data by the Insolvency Service there was fewer companies that fell into insolvency in May compared to the month before. There has been...
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...
Economists have criticised Sir Keir Starmer after he said he is confident that interest rates will come down under a Labour government. Sir Keir was asked...
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....
The European Central Bank (ECB) has cut interest rates to 3.75% for the first time in five years and they raised its inflation forecast until 2025....