Sports South Africa keen to wreck England’s ‘Bazball’ party LONDON: South Africa captain Dean Elgar says he does not fear “Bazball” as the Proteas seek to inflict England’s... Published 16 Aug, 2022 09:48am
Business & Finance UK economy closes in on recession LONDON: Britain’s economy shrank in the second quarter, official data showed Friday, as the country heads towards... Published 12 Aug, 2022 01:56pm
World UK’s Johnson to leave ‘major’ fiscal decisions to next PM LONDON: Prime Minister Boris Johnson will not make “major fiscal interventions” before leaving office next month,... Published 08 Aug, 2022 08:06pm
Business & Finance Sterling slammed as BoE delivers big rate hike but warns of long recession LONDON: Sterling fell on Thursday after the Bank of England raised interest rates by the most in 27 years as it ... Published 05 Aug, 2022 06:27am
Business & Finance BoE raises rates by most since 1995 even as long recession looms LONDON: The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long... Published 05 Aug, 2022 06:27am
Business & Finance Sterling loses steam LONDON: The British pound weakened against the dollar on Tuesday as traders turned to safe-haven currencies amid... Published 03 Aug, 2022 04:55am
Markets FTSE 100 closes down as oil stocks drop, sterling gains LONDON: A slump in oil stocks and rally in sterling weighed on Britain’s top share index on Monday, as investors... Published 02 Aug, 2022 05:36am
Business & Finance Sterling hits one-month high LONDON: Sterling rallied on Monday against the euro and the dollar as an upbeat mood on broader financial markets... Published 02 Aug, 2022 05:36am
Business & Finance Sterling 3-month high vs euro, falls against dollar LONDON: Sterling rallied to a new three-month high versus the euro as traders dumped the single currency on concerns... Published 29 Jul, 2022 06:14am
Business & Finance Sterling firm but held back by weak data, Fed LONDON: The British pound edged higher on Wednesday thanks to a broadly sturdy dollar but gains were capped by a... Published 28 Jul, 2022 04:41am
Business & Finance Ukraine aims for $15-20bn IMF loan by year-end LONDON: Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before... Published 27 Jul, 2022 01:11pm
Business & Finance BoE torn over whether to join big rate hike club LONDON: The Bank of England must decide next week whether to join the ranks of central banks rushing out their... Published 26 Jul, 2022 04:31am
Business & Finance Beazley reports profit plunge, raises outlook on booming cyber business LONDON: Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment... Published 25 Jul, 2022 06:12am
Business & Finance Sterling shrugs off UK inflation surge LONDON: Sterling steadied against the US dollar and euro on Wednesday after data showed British inflation climbed to... Published 21 Jul, 2022 05:40am
World UK inflation hits 9.4%, bolstering bets on big BoE rate hike LONDON: Surging petrol and food prices last month pushed British inflation to its highest rate in 40 years, ... Published 20 Jul, 2022 11:30pm
World UK will seize ‘benefits of Brexit’: finance minister LONDON: Britain’s new finance minister on Tuesday set out how Britain would seize the “benefits of Brexit” by... Published 20 Jul, 2022 09:58am
Business & Finance BoE may reduce gilts by 50-100bn pounds over a year: Bailey LONDON: Bank of England Governor Andrew Bailey said the central bank was considering reducing its British government... Published 20 Jul, 2022 05:48am
Markets UK stocks slide over 1pc LONDON: British stocks fell on Thursday as investors worried about the prospect of a more aggressive stance by major... Published 15 Jul, 2022 06:20am
Business & Finance Pound tumbles to lowest since March 2020 LONDON: Sterling fell on Thursday and briefly hit its weakest since March 2020 below $1.18 as another bout of risk... Published 15 Jul, 2022 06:20am
Markets FTSE 100 falls as UK’s surprise growth fails to ease recession fears LONDON: UK’s blue-chip FTSE 100 fell on Wednesday after hotter-than-expected US inflation data slammed global... Published 14 Jul, 2022 05:00am
Markets UK think tank calls for global digital currency rules LONDON: Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up... Published 08 Jul, 2022 05:20pm
Business & Finance Sterling enjoys a small lift as Boris Johnson quits LONDON: Sterling held on to its gains on Thursday after Boris Johnson said he was quitting as prime minister... Published 08 Jul, 2022 05:36am
World What next for UK economy as Boris Johnson quits? LONDON: The resignation of Prime Minister Boris Johnson deepens the uncertainty hanging over Britain’s economy,... Published 07 Jul, 2022 05:21pm
Business & Finance UK banks resilient to ‘deteriorated outlook’: BoE LONDON: UK banks can survive the “deteriorated economic outlook” with the sector more resilient than during 2008... Published 06 Jul, 2022 07:11am
Business & Finance Pound strengthens LONDON: The British pound rose against the dollar and euro on Monday, pulling away from two-week lows as risk... Published 05 Jul, 2022 05:19am
Markets Pound inches up as traders look to next BoE signals The British pound rose against the dollar on Monday, pulling away from two-week lows, as investors anticipate more... Published 04 Jul, 2022 02:25pm
Markets FTSE 100 retreats LONDON: Britain’s top share index inched lower on Wednesday, as gains in healthcare shares were seen providing... Published 30 Jun, 2022 06:07am
Business & Finance Bank of England may not need to act forcefully, says Bailey SINTRA, (Portugal): The Bank of England will not necessarily have to act “forcefully” to get inflation under... Published 30 Jun, 2022 06:07am
Markets BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak LONDON: The Bank of England will “act forcefully” to combat rising prices, British finance minister Rishi Sunak said... Published 22 Jun, 2022 02:53pm
Markets Sterling retreats as UK inflation hits new 40-year high LONDON: The British pound pulled back on Wednesday after data showed UK consumer inflation hit a new 40-year high,... Published 22 Jun, 2022 01:56pm
