Scott Bessent, Trump's pick to guard America's financial system as treasury secretary, once helped orchestrate a huge trade ...

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...

(Bloomberg Opinion) -- While the Sunak government has not hesitated in claiming credit for the return of the UK inflation rate to 2% after three years of exceeding that target, the Bank of England ...

No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency ...

Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...

the Bank of England said on Tuesday, pushing back the timeline for the project. Former Prime Minister Rishi Sunak championed the idea of a digital currency in 2021 when he was finance minister ...

Shop sales in the UK unexpectedly fell in the run up to Christmas due to a "very poor month" for food being sold in ...

Patients are already driving up to 40 miles to find their treatment amid a medicines shortage and may need to travel further ...

In another setback for Rachel Reeves (pictured), sterling slumped by as much as a cent to a 14-month low of $1.21 against the ...

Sterling fell against the dollar and fintech group FlowCommunity said the currency is at risk of further declines as the weak U.K. gross domestic product data highlighted the persistent challenges ...