Inflation climbs to 3% as pricier food, flights and private schooling hit householdsUK inflation rose sharply to 3% in January, influenced by increased food and travel costs as well as new private school fees.
Inflation rising but no need to panic, just yet - London Business News | Londonlovesbusiness.comThe Bank of England remains committed to cutting interest rates despite rising inflation rates.
UK inflation falls to 2.6%, increasing pressure on Bank to cut interest ratesUK inflation fell to 2.6% in March, pressuring the Bank of England to cut interest rates.
UK wage growth stays strong despite softening labour market and looming tax pressuresWage growth in the UK has increased slightly, posing challenges for Bank of England regarding interest rate decisions.
US trade war will hurt UK growth, Bank of England governor warns; Tesla's European sales fall again business liveUK vulnerable to global trade war impacts, especially from US-China tensions.Bank of England may lower interest rates due to slower growth predictions.
Bank of England expected to leave interest rates on hold today; global debt exceeds $100tn business liveBank of England faces dilemma of rising inflation versus shrinking GDP.
Inflation climbs to 3% as pricier food, flights and private schooling hit householdsUK inflation rose sharply to 3% in January, influenced by increased food and travel costs as well as new private school fees.
Inflation rising but no need to panic, just yet - London Business News | Londonlovesbusiness.comThe Bank of England remains committed to cutting interest rates despite rising inflation rates.
UK inflation falls to 2.6%, increasing pressure on Bank to cut interest ratesUK inflation fell to 2.6% in March, pressuring the Bank of England to cut interest rates.
UK wage growth stays strong despite softening labour market and looming tax pressuresWage growth in the UK has increased slightly, posing challenges for Bank of England regarding interest rate decisions.
US trade war will hurt UK growth, Bank of England governor warns; Tesla's European sales fall again business liveUK vulnerable to global trade war impacts, especially from US-China tensions.Bank of England may lower interest rates due to slower growth predictions.
Bank of England expected to leave interest rates on hold today; global debt exceeds $100tn business liveBank of England faces dilemma of rising inflation versus shrinking GDP.
Bank of England flirts with offline digital doshThe Bank of England is exploring offline digital payment options for a potential digital pound but has not made a final decision.
UK inflation surge, wave goodbye to those rate cuts - London Business News | Londonlovesbusiness.comAnnualised inflation increased to 3.0% in January, exceeding forecasts and prompting concerns for working households.Core inflation rose to 3.7%, diminishing prospects for interest rate cuts by the Bank of England.
Bank of England Inflation Attitudes Survey 'shows the immense pressure household finances are under' - London Business News | Londonlovesbusiness.comInflation sentiment remains high at 4.9%, indicating ongoing financial pressure on households.
Bank of England warns over 'global fragmentation' as UK faces 'weak growth' - London Business News | Londonlovesbusiness.comThe UK is in a weak growth environment, experiencing disinflation but facing challenges from global economic fragmentation.
Bank of England Cautious Amid Economic Uncertainty and Rising BillsBritons face rising household bills and inflation pressures, projecting a challenging economic year ahead.
Bank of England Cuts Interest Rates as British Economy WeakensThe Bank of England has cut interest rates for the third time in six months amid weak economic growth and slowing inflation.
Shopping still in fashion despite faltering consumer confidenceUK retail sales unexpectedly rose by 1% in February, defying economic downturn expectations.Household goods and clothing drove sales growth despite falling food sales.
UK inflation surge, wave goodbye to those rate cuts - London Business News | Londonlovesbusiness.comAnnualised inflation increased to 3.0% in January, exceeding forecasts and prompting concerns for working households.Core inflation rose to 3.7%, diminishing prospects for interest rate cuts by the Bank of England.
Bank of England Inflation Attitudes Survey 'shows the immense pressure household finances are under' - London Business News | Londonlovesbusiness.comInflation sentiment remains high at 4.9%, indicating ongoing financial pressure on households.
Bank of England warns over 'global fragmentation' as UK faces 'weak growth' - London Business News | Londonlovesbusiness.comThe UK is in a weak growth environment, experiencing disinflation but facing challenges from global economic fragmentation.
Bank of England Cautious Amid Economic Uncertainty and Rising BillsBritons face rising household bills and inflation pressures, projecting a challenging economic year ahead.
Bank of England Cuts Interest Rates as British Economy WeakensThe Bank of England has cut interest rates for the third time in six months amid weak economic growth and slowing inflation.
Shopping still in fashion despite faltering consumer confidenceUK retail sales unexpectedly rose by 1% in February, defying economic downturn expectations.Household goods and clothing drove sales growth despite falling food sales.
Bank of England expected to hold rates for next few months as inflation jumps - London Business News | Londonlovesbusiness.comUK inflation unexpectedly rose to 3.0% in January, complicating economic outlook for the Bank of England.
The Bank of England should target nominal GDP growth, not inflation - London Business News | Londonlovesbusiness.comNominal GDP targeting is advocated as a superior option to inflation targeting for economic policy.
Bank of England expected to hold rates for next few months as inflation jumps - London Business News | Londonlovesbusiness.comUK inflation unexpectedly rose to 3.0% in January, complicating economic outlook for the Bank of England.
The Bank of England should target nominal GDP growth, not inflation - London Business News | Londonlovesbusiness.comNominal GDP targeting is advocated as a superior option to inflation targeting for economic policy.
What can Canada expect from its next PM? The Mark Carney I knew | Larry ElliottMark Carney's term at the Bank of England showcased a significant clash of liberal globalism against rising populist rhetoric.
Mark Carney: the rock star central banker' weighing up run to be Canada's PMMark Carney remains an influential figure in economics, considering a political run while highlighting economic issues and innovations from his central banking tenure.
What can Canada expect from its next PM? The Mark Carney I knew | Larry ElliottMark Carney's term at the Bank of England showcased a significant clash of liberal globalism against rising populist rhetoric.
Mark Carney: the rock star central banker' weighing up run to be Canada's PMMark Carney remains an influential figure in economics, considering a political run while highlighting economic issues and innovations from his central banking tenure.
Trump's tariff plans will hit UK economy, top economists warnDonald Trump's proposed tariffs threaten the British economy by reducing growth and affecting inflation.
Shop price inflation holds steady as retailers keep discounts flowingShop price inflation remains subdued, with heavy discounting mitigating significant price rises across sectors.
Income tax will have to rise, ex-Bank of England chief warns, as he blasts ReevesChancellor Rachel Reeves is urged to reconsider her tax policies due to economic concerns.Mervyn King advocates for higher income tax to bolster government spending.
Brits warned of more tax increases as the pound falls further - London Business News | Londonlovesbusiness.comThe Chancellor may need to raise taxes as the pound falls and borrowing costs increase.
Grim news for Rachel Reeves is good news for the FTSE 100 | Nils PratleyThe FTSE 100's performance does not reflect the UK's economic health due to its global revenue sources.
Income tax will have to rise, ex-Bank of England chief warns, as he blasts ReevesChancellor Rachel Reeves is urged to reconsider her tax policies due to economic concerns.Mervyn King advocates for higher income tax to bolster government spending.
Brits warned of more tax increases as the pound falls further - London Business News | Londonlovesbusiness.comThe Chancellor may need to raise taxes as the pound falls and borrowing costs increase.
Grim news for Rachel Reeves is good news for the FTSE 100 | Nils PratleyThe FTSE 100's performance does not reflect the UK's economic health due to its global revenue sources.
Inflation soars at is fastest pace to 3% above the BoE's 2.8% forecast - London Business News | Londonlovesbusiness.comUK inflation figures show intensified price pressures, affecting the Bank of England's monetary policy decisions.Core inflation and services CPI metrics reveal challenges for economic stability in the UK.
Goldman Sachs predicts six interest rate cuts by mid-2026 as economy coolsBank of England may reduce interest rates significantly due to slowing economic activity and inflation.
The Guardian view on interest rates: the Bank of England on its own won't revive growth | EditorialThe Bank of England's rate cuts aim to stimulate the economy but may not address underlying issues of stagnation.
Bank of England's rate decisions 'lacks sufficient impact to support a strong rally for the pound' - London Business News | Londonlovesbusiness.comGBP/USD volatility stems from diverging monetary policies of the Bank of England and U.S. Federal Reserve.The Fed's rate cut supports the dollar, complicating the pound's potential for gains.
GBP/USD: Will the weakness around 1.2400 continue? - London Business News | Londonlovesbusiness.comThe GBP/USD faces bearish pressure amid US Dollar strength and Bank of England's cautious outlook.Investors must monitor economic indicators and political dynamics for potential market shifts.
Inflation soars at is fastest pace to 3% above the BoE's 2.8% forecast - London Business News | Londonlovesbusiness.comUK inflation figures show intensified price pressures, affecting the Bank of England's monetary policy decisions.Core inflation and services CPI metrics reveal challenges for economic stability in the UK.
Goldman Sachs predicts six interest rate cuts by mid-2026 as economy coolsBank of England may reduce interest rates significantly due to slowing economic activity and inflation.
The Guardian view on interest rates: the Bank of England on its own won't revive growth | EditorialThe Bank of England's rate cuts aim to stimulate the economy but may not address underlying issues of stagnation.
Bank of England's rate decisions 'lacks sufficient impact to support a strong rally for the pound' - London Business News | Londonlovesbusiness.comGBP/USD volatility stems from diverging monetary policies of the Bank of England and U.S. Federal Reserve.The Fed's rate cut supports the dollar, complicating the pound's potential for gains.
GBP/USD: Will the weakness around 1.2400 continue? - London Business News | Londonlovesbusiness.comThe GBP/USD faces bearish pressure amid US Dollar strength and Bank of England's cautious outlook.Investors must monitor economic indicators and political dynamics for potential market shifts.
Unemployment holds steady at 4.4% below BoE's 4.5% forecast - London Business News | Londonlovesbusiness.comUK's labour market remains fragile as 2024 approaches, with steady unemployment but increasing earnings pressures against inflation targets.
Market thoughts: Subdued start to holiday shortened week - London Business News | Londonlovesbusiness.comMarkets remain subdued with a lack of fresh economic catalysts due to US holidays and awaiting important economic data from the UK and Canada.
Why London's gold is heading to New York, and what it means for buyers - London Business News | Londonlovesbusiness.comMarket turbulence driven by gold withdrawals from the Bank of England, sparking fears and panic buying.Minimal impact predicted for buyers despite gold market fluctuations.
Bank of England's Oracle partner spend doublesThe Bank of England's funding for Oracle cloud transformation has nearly doubled to £13.8 million.
Mortgage price war heats up as rates fall below 4%: homebuyers urged to act fastMortgage lenders in the UK have initiated a price war, offering rates below 4%, influenced by the Bank of England's base rate reduction.
Bitcoin hits new record high, dollar dips ahead of Trump inauguration business liveEuropean stock markets are on the rise, with the FTSE 100 reaching a record high amid expectations of interest rate cuts.
Bank of England poised to cut interest rates amid UK economic gloomBank of England is likely to cut interest rates and downgrade economic growth forecasts, impacting Rachel Reeves's budget plans.
Pressure rises on Bank of England and the Fed as the interest rate debate gets politicalThe Bank of England is expected to cut interest rates amidst global scrutiny of central banks due to political pressures, particularly from Donald Trump.
Inflation data will bring relief to Bank of EnglandUK inflation data shows signs of softening, providing relief to the Bank of England and government officials.
Where to park your money for better returns after interest rate cutsBank of England's rate cut prompts swift reductions in savings rates by banks, urging savers to seek competitive offers.
US dollar steady as markets brace for key jobs data - London Business News | Londonlovesbusiness.comThe US dollar's performance is closely linked to upcoming job reports which will influence Federal Reserve's monetary policy.
Bitcoin hits new record high, dollar dips ahead of Trump inauguration business liveEuropean stock markets are on the rise, with the FTSE 100 reaching a record high amid expectations of interest rate cuts.
Bank of England poised to cut interest rates amid UK economic gloomBank of England is likely to cut interest rates and downgrade economic growth forecasts, impacting Rachel Reeves's budget plans.
Pressure rises on Bank of England and the Fed as the interest rate debate gets politicalThe Bank of England is expected to cut interest rates amidst global scrutiny of central banks due to political pressures, particularly from Donald Trump.
Inflation data will bring relief to Bank of EnglandUK inflation data shows signs of softening, providing relief to the Bank of England and government officials.
Where to park your money for better returns after interest rate cutsBank of England's rate cut prompts swift reductions in savings rates by banks, urging savers to seek competitive offers.
US dollar steady as markets brace for key jobs data - London Business News | Londonlovesbusiness.comThe US dollar's performance is closely linked to upcoming job reports which will influence Federal Reserve's monetary policy.
Rachel Reeves exaggerated Bank of England experience on LinkedIn'Rachel Reeves exaggerated her tenure at the Bank of England on LinkedIn, claiming a decade instead of the actual time.
Reeves's CV exaggerated time at Bank of EnglandRachel Reeves has exaggerated her tenure at the Bank of England from 5.5 years to a decade in her professional claims.
GMB host brutally rips apart 'Rachel from Accounts' over her CV 'exaggeration' - London Business News | Londonlovesbusiness.comThe Chancellor faced criticism for allegedly exaggerating her work experience on her CV during a television interview.
Rachel Reeves exaggerated Bank of England experience on LinkedIn'Rachel Reeves exaggerated her tenure at the Bank of England on LinkedIn, claiming a decade instead of the actual time.
Reeves's CV exaggerated time at Bank of EnglandRachel Reeves has exaggerated her tenure at the Bank of England from 5.5 years to a decade in her professional claims.
GMB host brutally rips apart 'Rachel from Accounts' over her CV 'exaggeration' - London Business News | Londonlovesbusiness.comThe Chancellor faced criticism for allegedly exaggerating her work experience on her CV during a television interview.
Market thoughts: Sentiment stays shaky as uncertainty lingers - London Business News | Londonlovesbusiness.comTrade uncertainty and disappointing tech earnings are impacting market sentiment.The Bank of England is expected to cut rates again amidst ongoing economic concerns.
Bank of England delays rules designed to avoid banking crash by a yearBank of England delays Basel 3.1 banking reforms to January 2027 due to US implementation uncertainty and competitive concerns.
UK inflation falls to 2.5% in DecemberUK inflation slightly decreased in December, influenced by falling hotel and tobacco prices.