BoE lifts rate for first time since 2023 Published 06 Nov, 2026 05:47am LONDON: The Bank of England raised its benchmark interest rate to four percent on Thursday, the first increase in...
UK house price growth slows to lowest since Jan 2024 Published 01 Nov, 2026 02:31am LONDON: British annual house price growth slowed to its weakest since January 2024 in October, as the impact of...
Bank of England's Bailey says second-round inflation pressures look subdued so far Updated 16 Oct, 2026 11:54am The IIF meetings are taking place on the sidelines of the annual meetings of the IMF and World Bank
BoE's Pill says a rate hike need not be start of long series Published 15 Oct, 2026 11:51am We shouldn't give the impression that because we act now, we are on another staircase ... like we saw in 2022 and 2023
IMF sees higher energy prices and interest rates hitting UK growth Published 13 Oct, 2026 11:48am The IMF predicts Britain’s economy will grow 1.3% this year, up from predictions of 1.0% in July and 0.8% in April
BOE holds rate, warns of hike if Iran war persists Published 18 Sep, 2026 05:15am LONDON: The Bank of England held its benchmark interest rate at 3.75 percent on Thursday, but warned that a hike...
Bank of England warns on inflation after freezing rate Updated 30 Jul, 2026 06:10pm BoE holds rates at 3.75% but forecasts inflation will rise again due to the Middle East conflict, potentially peaking at 3.2% later this year
Sterling set to end three-week winning run Published 27 Jul, 2026 05:04am LONDON: The British pound looked set to snap a three-week winning streak on Friday, as a softer inflation reading...
Sterling edges up but heads for weekly loss Published 27 Apr, 2026 04:21am LONDON: The British pound rose slightly against the dollar on Friday but was headed for a weekly loss, as traders...
UK inflation rises to 3.3% as Iran war impact begins to hit Published 22 Apr, 2026 11:46am The British central bank is expected to keep borrowing costs on hold on April 30 at the end of its next scheduled Monetary Policy Committee meeting
Sterling steadies near pre-war levels Published 20 Apr, 2026 06:57am LONDON: The British pound steadied on Friday, having returned to levels seen before the onset of the Iran war, with...
Bank of England holds interest rate amid Middle East war Published 20 Mar, 2026 02:31am LONDON: The Bank of England left its benchmark interest rate at 3.75 percent on Thursday as it monitors the...
Sterling set for best week against dollar Published 26 Jan, 2026 06:04am LONDON: Sterling rose on Friday and was set for its best week against the dollar since August, after...
Sterling struggles for direction on first trading day of 2026 Published 05 Jan, 2026 07:21am LONDON: The British pound was little changed against both the dollar and euro on Friday, with little news to drive...
Yen gains on intervention signals Published 23 Dec, 2025 06:09am NEW YORK: The yen firmed against the US dollar on Monday after Japanese officials warned against “one-sided and...
Dollar drops against peers Published 17 Dec, 2025 06:12am NEW YORK: The US dollar fell against major peers on Tuesday after the release of delayed economic data showing...
Bank of England leaves rate unchanged before UK budget Published 06 Nov, 2025 05:40pm LONDON: The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK...
Sterling firms as traders digest PMIs Published 06 Oct, 2025 07:10am LONDON: The pound firmed slightly against a broadly weaker dollar on Friday, with traders digesting news that...
Bank of England holds rate as inflation stays high Published 18 Sep, 2025 05:20pm LONDON: The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets...
Bank of England cuts rate as keeps watch over tariffs Published 07 Aug, 2025 05:25pm LONDON: The Bank of England on Thursday cut its key interest rate by a quarter point to four percent, the lowest...
Sterling slips as weak growth data fuels rate cut expectations Published 14 Jul, 2025 05:42am LONDON: Sterling slipped on Friday and was trading close to a more than two-week low after data showed the UK ...
London stocks fall as BoE keeps rates on hold Published 20 Jun, 2025 07:34am LONDON: London stocks dropped to an over two-week low on Thursday as the Bank of England left borrowing costs...
BoE cuts rates to 4.25% as it sees tariff hit to growth Published 08 May, 2025 05:38pm LONDON: The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an...
BoE warns on UK financial stability amid tariffs Published 10 Apr, 2025 03:14am LONDON: The Bank of England on Wednesday warned over risks to UK financial stability from increased geopolitical...
BoE warns on ‘economic uncertainty’ as rate held Published 20 Mar, 2025 06:28pm LONDON: The Bank of England kept its key interest rate at 4.5 percent Thursday, as it warned of “a lot of economic...
British equities flat as investors weigh mixed data Published 24 Feb, 2025 06:23am LONDON: British stocks ended flat on Friday as investors reacted to mixed economic data this week that left the Bank...
Pound ticks up after sliding on BoE cut Published 10 Feb, 2025 05:35am LONDON: The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest...
BOE’s Mann says UK wage growth still a concern for inflation, FT reports Published 12 Aug, 2024 10:07am Catherine Mann, an external member of the BoE’s monetary policy committee, said that goods and services prices were...
BoE cuts rates from 16-year high Published 02 Aug, 2024 06:40am LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its ...
Bank of England cuts rates from 16-year high, ‘careful’ on future moves Published 01 Aug, 2024 05:43pm LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from...