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Bank of England keeps main interest rate at 16-year high of 5.25%...
For the second meeting in a row, seven of the nine members of the bank's policymaking Monetary Policy Committee voted for no change while two backed a...
UK inflation falls more than expected in Feb
London: Price rises in the UK eased by more than anticipated in February, official figures showed Wednesday, raising expectations that the Bank...
Bank of England set to hold interest rates at 15-year high
Holding that high rate follows 2 years of hikes that targeted a surge in inflation, first stoked by supply chain issues during the coronavirus...
US Fed rate decision, global cues to set tone for markets
Re-USD volatility, US bond yields and crude oil prices will remain in focus: Analysts
Inflation in UK falls more than anticipated to a 15-month low
London: Inflation in the UK has fallen by more than anticipated to a 15-month low, official figures showed on Wednesday, a development that may ease...
Bank of England set to hike rates
The Bank of England is poised to raise borrowing costs again on Thursday to combat stubbornly high inflation, which has failed to come down from its...
UK economy grows sluggishly in January-March qtr
Double-digit inflation curbed consumer spending and labour unrest curtailed output in industries ranging from transportation to healthcare and...
Bank of England warns of longest recession in 100 yrs
The Bank of England has warned the UK risked being plunged into the longest recession in 100 years after it pushed up the cost of borrowing to 3 per...