The pound climbed against the U.S. dollar on Thursday after data showed the British economy grew faster than expected, ...

The Bank of England's interest rate cut is likely to bring relief to borrowers, businesses and hard-pressed consumers across ...

SAVERS have been issued a warning over “zombie” bank accounts costing them money ahead of a big interest rate update tomorrow ...

Financial markets expect the Bank of England to cut interest rates on Thursday after fresh data showed further deterioration ...

Inflation data is scrutinised by market-watchers because the Bank of England uses interest rates to help achieve its 2% target, which is set by the government. Last month the Bank reduced its main ...

The Bank’s Monetary Policy Committee (MPC) is expected to vote to cut rates to 4.25% from 4.5% when the decision is announced ...

There are, however, signs that wage pressures are starting to ease. Bank of England staff estimate that underlying pay growth ...

Figures from the Office for National Statistics (ONS) reveal the UK economy grew by 0.7% in the first quarter of 2025, a significant improvement on the anaemic 0.1% rise seen at the end of last year.

The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth ...

The Bank of England last postponed an interest rates meeting in September 2022 after the death of Queen Elizabeth II.

The latest US consumer inflation report revealed easing prices in April as euphoria over the US-China trade truce faded.

Britain’s unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs. The rate climbed to 4.5 percent in the ...