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Possibility of multiple Bank of England interest rate cuts rises on jobs and inflation data

Traders have raised bets that the Bank of England (BoE) will cut interest rates in September despite a rise in UK inflation as the...

Top UK lenders could be dismantled smoothly in crisis, says Bank of England

Being able to resolve or shutter an ailing major bank without destabilising the financial system or calling on taxpayers was a core lesson from...

UK inflation stays at 2% target in June, leaving rate cut on a ‘knife edge’

Inflation in the U.K. held steady at the Bank of England's target rate of 2% in the year to June, official figures...

UK economic recovery was faster than first estimated in early 2024

The UK economy grew at a faster pace than initially estimated, in the first three months...

Le Pen threatens Britain’s economy, Bank of England warns

The Bank’s Financial Policy Committee, headed by Andrew Bailey, the Governor, particularly...

Despite 20% lesser jobs on offer, starting pay in UK up 6.5% on year in May

A large number of people who have dropped out of Britain's job market. (Photo: Bloomberg)2 min read Last Updated : Jun 27 2024...

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