Bank of England official says big wage increases could prolong inflation and cause further misery for homeowners ...

British government borrowing jumped by almost a third to $18.2 billion last month compared with August 2023, taking borrowing ...

Sterling rose against the dollar and euro on Friday, buoyed by strong UK retail sales data and steady inflation. The pound ...

Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2 target level.

UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...

LONDON (Reuters) - British retail sales rose 1% in August, official figures showed on Friday. Economists polled by Reuters ...

The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Learn how this laundry innovation could help reduce waste, extend clothing lifespan, and promote sustainable fashion.

Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...

The number of distressed deals reaches record highs as challenging market conditions take their toll - European M&A saw a solid ...

Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...

The Bank of England went its own way on Thursday, bucking the rate cutting drift of the Federal Reserve the day before by ...