The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
The pound dropped against the dollar and euro on Friday, after data showed that British retail sales fell unexpectedly in ...
FTSE 100 surged around 1% to hit a record high of 8,480.57 points as inflation drop sparks hopes of Bank of England rate cuts ...
Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s ...
If successful, the former Bank of England governor would become Canada's interim prime minister ahead of the next general ...
Former Bank of Canada governor Mark Carney announced on Thursday that he was running to replace Prime Minister Justin Trudeau ...
Bank of England rate-setters started cutting interest rates last year after inflation temporarily dipped below the target ...
The pound fell on Thursday after data showed the British economy grew more slowly than expected in November, which could give ...
Mark Carney has run two central banks and championed the green transition. Now he wants to lead Canada’s Liberal Party.
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
The Office for National Statistics Thursday said gross domestic product was 0.1% higher in November than it was in October, a weaker outcome than the 0.2% rise expected by economists. That marked a ...
Weaker-than-expected growth could lead to lower tax revenues, and make it more difficult to reduce government debt. The OBR expects the government's net debt to be around 98% of annual economic output ...