Bank of England
UK Inflation Hits 3.5% as Government Borrowing Soars to £24.5bn
The United Kingdom is facing renewed economic pressure after annual inflation climbed to 3.5% in September, while government borrowing reached £24.5 billion, adding...
UK Unemployment Falls to 4.7% as Job Vacancies Hit Five-Year Low
Britain’s unemployment rate unexpectedly fell to 4.7 per cent in the three months to August 2026, offering a boost to the government ahead...
G7 Finance Leaders Plan Exercises to Counter AI Cyberattacks
Finance leaders from the Group of Seven (G7) advanced economies have agreed to conduct cybersecurity exercises to prepare for potential attacks powered by...
Pound Sterling Holds Near 16-Month High Against Euro as UK Budget and Interest Rates Loom
The British pound remained close to a 16-month high against the euro on Tuesday as investors weighed expectations of higher interest rates against...
Bank of England Signals Possible Rate Rise as It Changes Gilt-Sale Strategy
The Bank of England has kept its benchmark interest rate at 3.75% but signalled that borrowing costs could rise as policymakers respond to...
UK Mortgage Rates Reach Three-Year High as Bank of England Weighs Interest Rate Decision
By Benson Daniel Mortgage rates in the United Kingdom have climbed to their highest level since late 2023, adding pressure on borrowers as...
UK Inflation Rises to 3.1% as Bank of England Weighs Rate Decision
UK inflation rose to a five month high of 3.1% in August, up from 2.9% in July, according to official figures released on...
UK Wage Growth Slows to 3.9% Ahead of Key Bank of England Rate Decision
By Benson Daniel UK wage growth has slowed to 3.9 per cent, adding to signs that the labour market is losing momentum as...
