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.
Retail sales up 1% in February, UK GDP confirmed at 0.1% in Quarter 4 - London Business News | Londonlovesbusiness.comUK GDP increased by 0.1% in Q4 2024, highlighting economic caution amid upcoming tax hikes.
Pound slides as consumer demand remains fragile - London Business News | Londonlovesbusiness.comThe British pound faces challenges as economic data reveals weak consumer demand and ongoing uncertainty in the UK economy.
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.
Retail sales up 1% in February, UK GDP confirmed at 0.1% in Quarter 4 - London Business News | Londonlovesbusiness.comUK GDP increased by 0.1% in Q4 2024, highlighting economic caution amid upcoming tax hikes.
Pound slides as consumer demand remains fragile - London Business News | Londonlovesbusiness.comThe British pound faces challenges as economic data reveals weak consumer demand and ongoing uncertainty in the UK economy.
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.
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.
Bank of England cuts interest rates 'in response to the ongoing weakness of the flatlining UK economy' - London Business News | Londonlovesbusiness.comBank of England cuts interest rates to 4.5%, indicating potential for further reductions amid weak economic growth.
Bank of England set to cut interest rates to 4.5% in first decision of yearThe Bank of England is expected to cut interest rates from 4.75% to 4.5% due to inflation and economic concerns.
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.
Inflation fears trump growth concerns among Bank of England's MPC membersThe Bank of England's decision to hold interest rates highlights a delicate balance between managing inflation and supporting economic growth.
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.
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.
Bank of England cuts interest rates 'in response to the ongoing weakness of the flatlining UK economy' - London Business News | Londonlovesbusiness.comBank of England cuts interest rates to 4.5%, indicating potential for further reductions amid weak economic growth.
Bank of England set to cut interest rates to 4.5% in first decision of yearThe Bank of England is expected to cut interest rates from 4.75% to 4.5% due to inflation and economic concerns.
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.
Inflation fears trump growth concerns among Bank of England's MPC membersThe Bank of England's decision to hold interest rates highlights a delicate balance between managing inflation and supporting economic growth.
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 must proceed with caution over future rate cuts, says deputy governorThe Bank of England must cautiously navigate interest rate cuts amid rising inflation risks, according to Deputy Governor Dave Ramsden.
Trump's trade war could pose substantial' threat to UK economy, says BankA trade war poses significant risks to the UK economy, threatening consumer spending and potential inflation changes.
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.
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.
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 must proceed with caution over future rate cuts, says deputy governorThe Bank of England must cautiously navigate interest rate cuts amid rising inflation risks, according to Deputy Governor Dave Ramsden.
Trump's trade war could pose substantial' threat to UK economy, says BankA trade war poses significant risks to the UK economy, threatening consumer spending and potential inflation changes.
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.
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.
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.
US tariffs threaten British consumers' pockets, warn Bank of EnglandTrump's trade tariffs could negatively impact British households and the UK economy.
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.
Bailey warns Trump's trade policies poses 'substantial' risks to the UK - London Business News | Londonlovesbusiness.comUS President Trump's tariffs present a substantial risk to the UK's economy, as highlighted by Bank of England Governor Andrew Bailey.
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.
US tariffs threaten British consumers' pockets, warn Bank of EnglandTrump's trade tariffs could negatively impact British households and the UK economy.
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.
Bailey warns Trump's trade policies poses 'substantial' risks to the UK - London Business News | Londonlovesbusiness.comUS President Trump's tariffs present a substantial risk to the UK's economy, as highlighted by Bank of England Governor Andrew Bailey.
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.
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.
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 cuts rates in February amidst pessimistic economic outlook - London Business News | Londonlovesbusiness.comThe Bank of England cut interest rates by 25 basis points to 4.5% due to a downgraded growth outlook.
Pound slips as UK economic stagnation - London Business News | Londonlovesbusiness.comThe British Pound faces pressure due to weak economic data, with a below-expected GDP growth and concerns over the UK economy's trajectory.
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.
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 cuts rates in February amidst pessimistic economic outlook - London Business News | Londonlovesbusiness.comThe Bank of England cut interest rates by 25 basis points to 4.5% due to a downgraded growth outlook.
Pound slips as UK economic stagnation - London Business News | Londonlovesbusiness.comThe British Pound faces pressure due to weak economic data, with a below-expected GDP growth and concerns over the UK economy's trajectory.
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.
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.
Inflation price pressure remained in November 'killing the stone dead' for interest rate reduction - London Business News | Londonlovesbusiness.comUK inflation remains high at 2.6% YoY, challenging potential interest rate cuts by the Bank of England.
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.
Are mortgage rates going down? What the latest rate cut means for self-builders and renovatorsThe Bank of England has cut the base interest rate to 4.5%, leading to a slow decline in mortgage rates.
Bank of England cuts interest rates to 4.5% in boost for mortgage holdersThe Bank of England has cut interest rates to 4.5%, benefiting mortgage holders, particularly those with tracker mortgages.
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.
Inflation price pressure remained in November 'killing the stone dead' for interest rate reduction - London Business News | Londonlovesbusiness.comUK inflation remains high at 2.6% YoY, challenging potential interest rate cuts by the Bank of England.
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.
Are mortgage rates going down? What the latest rate cut means for self-builders and renovatorsThe Bank of England has cut the base interest rate to 4.5%, leading to a slow decline in mortgage rates.
Bank of England cuts interest rates to 4.5% in boost for mortgage holdersThe Bank of England has cut interest rates to 4.5%, benefiting mortgage holders, particularly those with tracker mortgages.
Rachel Reeves faces another anxious week of second-guessing the CityUK markets are experiencing distress due to fears of stagflation, challenging Chancellor Rachel Reeves's economic growth plans.
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 faces another anxious week of second-guessing the CityUK markets are experiencing distress due to fears of stagflation, challenging Chancellor Rachel Reeves's economic growth plans.
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.
ONS to spend millions on temp workers to fix 'unusable' UK employment dataONS hires temporary staff to fix unreliable employment data harming policy-making.The labour force survey data remains critically low, affecting economic decisions.
Bank of England casts doubt on 'Britcoin' launch amid privacy and cost concernsThe UK's 'digital pound' project faces skepticism, slowing its development and raising doubts about its launch before 2030.
ONS to spend millions on temp workers to fix 'unusable' UK employment dataONS hires temporary staff to fix unreliable employment data harming policy-making.The labour force survey data remains critically low, affecting economic decisions.
Bank of England casts doubt on 'Britcoin' launch amid privacy and cost concernsThe UK's 'digital pound' project faces skepticism, slowing its development and raising doubts about its launch before 2030.
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.
Bank of England's plans for Leeds hub stall as only 156 staff show relocation interestBank of England's Leeds expansion faces challenges with low employee transfer interest, indicating reliance on external recruitment may be necessary.