BOE’s Bailey Says Trump Tariffs Cause Unwelcome Bond Volatility
Bank of England Governor Andrew Bailey said he’d like to see less volatility in bond markets, much of which he puts down to a ...
Resurging UK Inflation Will Keep BOE Cautious on Cutting Rates
UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made ...
UK Pay Growth Hits Eight-Month High, Posing Dilemma for BOE
UK pay growth picked up to the highest level in eight months and employment unexpectedly rose, figures likely to keep the ...
RNS on MSN3d
Three things Pope Francis should do before he dies
Unlike former President Joe Biden, who gave the impression of a man mentally unfit for his job in his last appearances, ...
Trump’s Latest Tariff Plan Threatens UK With £16 Billion Hit
Donald Trump’s latest plan to slap tariffs on US imports based on sales taxes in their country of origin could shave £16 billion ($20 billion) off UK economic output over the next two years, in what ...
UK’s Much-Feared Wave of Job Cuts Is Failing to Materialize
A threatened avalanche of job cuts after Chancellor of the Exchequer Rachel Reeves unveiled her tax-raising budget has so far ...
UK Recession Fears Mount With Data Set to Show GDP Shrinking
The UK economy may have shrunk in the fourth quarter, putting Britain back on the brink of recession and piling more pressure ...
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...
UK Escapes Recession Threat After Posting Slow Growth in 2024
Britain registered unexpected growth at the end of 2024, a reprieve for the Labour government after a woeful run of economic ...