Rolling coverage of the latest economic and financial news ...
Rates have fluctuated recently as views have changed on when the Bank of England will cut interest rates after UK inflation ...
The Pound Sterling refreshes a five-month low near the round-level support of 1.2300 as investors see the Bank of England ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
Britain's inflation rate slowed by less than expected in March, according to official figures published on Wednesday, adding ...
The United Kingdom's inflation rate slowed less than it was expected to in March, leading investors to bump back their ...
Interest hikes are a blunt instrument – the aim ... when it stood at 3.1 percent. At that point, the BoE’s rate-setting monetary policy committee (MPC) was happy to hold base rates at 0.1 ...
A much-longed-for cut to interest rates in June is looking less likely after new inflation data showed prices were not ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on how many interest rate cuts the Bank of England will deliver this year.Most ...
His comments leave him in the hawkish camp on the BOE’s Monetary Policy Committee who are warning against turning to interest rate cuts too soon. While he, along with the others, have withdrawn their ...