British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...
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The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...
The Bank of England has given Chancellor of the Exchequer Rachel Reeves a £4 billion ($5.3 billion) lifeline to help ease ...
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
Bank of England Governor Andrew Bailey says the rate should come down in coming months, but "it's vital that inflation stays ...
The MPC is likely to reduce rates by a quarter point once more this year, as services inflation and wage growth remain ...
Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs ...
UK shares rose on Thursday, tracking gains in global equities after the Federal Reserve initiated a 50-basis-point rate cut, ...