The Pound Sterling posted net gains after stronger-than-expected first-quarter GDP data which pulled the UK economy out of ...
The UK leapt out of recession in the first quarter of this year, with GDP growing by a relatively impressive 0.6 per cent.
The Bank of England target is to keep inflation at 2%. With inflation well above that level, the Bank increased interest ...
Bank of England says - The Bank previously believed that inflation would briefly fall back to target briefly this quarter, ...
The United Kingdom has come out of a short and shallow recession, official figures showed Friday, giving Prime Minister Rishi ...
UK inflation is currently 4% a year, with the Bank Rate of 5.25% unchanged since last August. There is little expectation of a Bank Rate cut this month, especially given today’s figures from the US.
Gen Z is in the financial trenches. A new study from credit reporting agency TransUnion found those in their early 20s are ...
After years of low rates, high-yield savings accounts are having a moment as the Bank of England has kept interest rates at a ...
UK inflation dynamics are different to US. There has been some decoupling recently between UK and US market rate expectations ...
Britain's economy grew by the most in nearly three years in the first quarter of 2024, ending the shallow recession it ...
Prices in the UK are no longer rising as fast as wages, official figures show. However, inflation of 4% in January was still significantly above the Bank of England's target, meaning knock-on ...