GBP/AUD slipped lower on Friday as pound attracted sellers after much softer than expected retail sales data boosted ...
The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.
The one-year delay to January 2027 applies to Basel 3.1 rules, the final set of international banking reforms enacted to ensure banks could withstand financial shocks without being bailed out by ...
The Bank of England postpones tougher bank capital rules to 2027 due to uncertainties surrounding U.S. policies. This move ...
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
Britain's drive to reduce red tape comes amid expectations that the incoming Trump administration will slash or water down ...
According to the Office for National Statistics, UK retail sales volumes decreased 0.3% month-on-month in December, worsening from 0.1% growth in November and falling far short of the FXStreet-cited ...
The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what ...
The GBP/USD price analysis shows that the UK's economic weakness has put the pound in a vulnerable position against the ...
The Bank of England said on Friday it would delay the implementation of tougher bank capital requirements by one year until ...
European stocks extended gains on Friday, after having hit their highest level in a month the previous day on the back of strong ...
U.K. stocks rose sharply on Friday while the British pound weakened against other major currencies after data showed British retail ...