The GBP/USD currency pair suffered losses last week, reaching a support level of 1.2834, the lowest for the pair in nearly ...
The Bank of England has reduced its primary interest rate by 0.25 percentage points to 4.75 percent following a significant ...
The UK could face a £22bn hit to its exports if Donald Trump imposes a blanket 20% tariff on all imports into the US, ...
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
Chancellor Rachel Reeves has spoken out against a wave of new tariffs which Bank of England governor Andrew Bailey has warned could hit the global economy. If Trump does spark a new global trade war ...
Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still ...
On Thursday, the Bank of England's Monetary Policy Committee voted decisively by 8 to 1 to lower rates to 4.75%. Meanwhile the US Federal Reserve's Federal Open Market Committee voted unanimously to ...
Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the ...
The Bank of England reduced interest rates for the second time since 2020, suggesting gradual future cuts amid anticipation ...
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels. The Labor Department reported Thursday that jobless claim applications rose by ...
"I don't expect interest rates to go back to the very low levels that they were at prior to increasing rates unless there was ...