News

The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...
After costly policy reversals by her boss and an unexpected shrinking of the economy, the last thing the Chancellor needed ...
In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his ...
Britain's central bank lightened the capital requirements for medium-sized banks on Tuesday, as part of a wider set of ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...
Mid-tier banks have long faced regulatory hurdles that hinder growth, especially the minimum requirements once a lender's ...
Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...
One analyst said the Bank was "stuck between delaying rate cuts to tame prices or easing policy to support a weakening ...
Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn ...
The Bank of England is giving residents until the end of July to submit ideas for the look of future bank notes which could ...