Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
Volatile borrowing costs stir memories of UK's pensions crisis — but insiders say this time, it's a ‘nice opportunity'
A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 “mini-budget” crisis, which rocked the country ...
Former Bank of Canada Governor Carney Enters Race to Replace Trudeau
Former Bank of Canada and Bank of England governor Mark Carney announces that he is running to replace Prime Minister Justin ...
Bank of England interest rate cuts and how you may be affected amid inflation change
This week's figures come amid a particularly turbulent period for Britain's financial markets, with the value of the pound ...
Bank of England policymaker: ‘Dragons of market discipline are alive and well’
The recent turmoil in the UK's bond market demonstrates that the "dragons of market discipline are alive and well," a ...
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...
February Bank of England rate cut a 'sure bet' as growth stumbles and inflation falls
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
Bank of England urged to cut interest rates 'pre-emptively' as February decision 'certain'
Alan Taylor, a member of the Bank's monetary policy committee, said the UK is 'in the last half mile on inflation' ...
Daily Express6d
Bank of England may soon 'deliver six interest rate cuts'
The Bank of England is facing a growing clamour to make as many as six cuts in interest rates to save the economy from a recession. Goldman Sachs has issued a new forecast that UK interest rates ...
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Crime10d
Bank of England interest rate cuts and how you may be affected amid inflation change
Latest figures show that UK inflation dropped last month, potentially affecting the Bank of England's interest rate ... according to the Office for National Statistics (ONS).