UK wage growth has hit its slowest pace in over two years while unemployment rises, signalling a cooling labour market. Meanwhile, Argentina secures IMF bailout and stock markets show mixed performance.
Exclusive: Former Bank of England policymaker reveals institution is 'failing to grasp' the severity of food price inflation, drawing parallels to Alan Greenspan's historic errors in monetary policy.
Exclusive analysis reveals British families are more vulnerable to interest rate shocks than Americans, with the Bank of England warning of significant financial pressure ahead.
Halifax and Nationwide issue stark warnings about UK property market stability as inflation and interest rate pressures mount. Exclusive analysis reveals growing concerns for homeowners and buyers.
Bank of England Governor Andrew Bailey cautions that falling inflation doesn't automatically mean imminent interest rate cuts, signalling continued economic pressure for UK households and businesses.
Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.
Exclusive: Tensions rise as Bank Governor warns Chancellor against political interference in interest rate decisions, highlighting ongoing economic policy clashes.
Bank of England Governor Andrew Bailey cautions against hasty interest rate reductions, warning that inflation pressures remain persistent despite recent declines.
Australia's largest lender Commonwealth Bank warns of significant mortgage pain ahead as interest rates are predicted to climb, leaving homeowners facing financial strain.
UK inflation has fallen to its lowest level in nearly three years at 2.3%, but food prices remain stubbornly high. Discover how this affects household budgets and when relief might finally arrive.
Governor Andrew Powell cautions that new trade barriers risk triggering a sharp rise in UK unemployment, urging a measured approach to economic policy.
The London Stock Exchange faces a sharp sell-off as new data reveals zero economic growth in April, fuelling concerns over persistent inflation and delaying hopes for a Bank of England interest rate cut.
The UK's FTSE 100 index faces a sharp sell-off as official data confirms a 0.3% economic contraction in the final quarter of 2023, fuelling investor anxiety over a potential recession.
Exclusive insight into the Bank of England's quantitative tightening programme. Discover how this silent financial revolution is impacting the national debt, your mortgage, and the UK's economic future.
The Bank of England's Monetary Policy Committee votes 6-3 to maintain interest rates at 5.25%, while scaling back its bond-selling programme. This decision offers little respite for Chancellor Rachel Reeves ahead of her crucial autumn budget.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation shows signs of easing, though Governor Andrew Bailey remains cautious about future cuts.
The Bank of England has maintained interest rates at 5.25% for the seventh consecutive meeting. Discover how this decision impacts mortgages, savings, and the UK's economic outlook amidst ongoing inflation concerns.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
The Bank of England's Monetary Policy Committee has voted to maintain the base rate at a 16-year high of 5.25%. This in-depth analysis covers the impact on mortgages, savings, and the UK's economic outlook.
The Bank of England has held interest rates at 5.25% in a split decision, dashing hopes for immediate relief from the cost-of-living crisis. Governor Andrew Bailey warns that food price inflation remains 'too high' despite a slight fall, prolonging the fi
The Bank of England maintains interest rates at 5.25% while accelerating its quantitative tightening programme. Governor Andrew Bailey signals cautious approach amid economic uncertainty.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.
In a dramatic shift, UK inflation has finally hit the Bank of England's 2% target. Discover how this impacts the cost of living crisis, from energy bills to wage growth and what happens next for interest rates.
Federal Reserve Chair Jerome Powell delivers a hawkish message, indicating that interest rate cuts are unlikely to begin in March, contrary to investor expectations. The central bank seeks more confidence that inflation is truly defeated.
The Federal Reserve's pivotal interest rate decision is set to ripple through the UK economy, impacting property prices, loan rates, pensions, and job security. Here’s your essential guide to navigating the financial fallout.
In a significant move, NatWest and Royal Bank of Scotland have announced sweeping cuts to their fixed-rate mortgage deals, offering hope to borrowers amidst the cost-of-living crisis.
UK inflation fell to 2.3% in April, its lowest level in nearly three years. While food prices are finally falling, core inflation remains persistent, delaying hopes for an imminent Bank of England interest rate cut.
New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.
UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.