Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ ...
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing ...
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
UK interest rates will fall faster and further than markets expect, two giant US banks predict
The Bank of England is likely to cut interest rates far further and faster than markets are currently expecting, according to ...
Volatile borrowing costs stir memories of UK's pensions crisis — but insiders say this time, it's a ‘nice opportunity'
A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 “mini-budget” crisis, which rocked the country ...
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the ...
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one ...
No trade off between financial stability and growth, warns Bank of England
Governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as Rachel Reeves set out plans ...
Zawya16h
Foreign investors bought record $67bln of UK bonds in late 2024
Foreign investors raised their British government bond holdings by 54.0 billion pounds ($67.1 billion) in the last quarter of ...
Morgan Stanley: Bank of England to cut interest rates five times in 2025
Morgan Stanley expects the Bank of England to cut interest rates five times in 2025 in an attempt to support a stuttering ...