UK economy ekes out 0.1% growth, below expectations
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London…
UK inflation September 2024
The Canary Wharf business district is seen in the distance behind autumnal leaves on October 09, 2024 in London, United…
Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut
LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described…
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on…
UK economy posts 0.1% growth in February in further sign of recession rebound
LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign…
Recession-hit Britain swings to economic growth in January, helped by construction bounce
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output…
Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’
LONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided…
Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data…
UK inflation rate slides to 7.9% in June, below expectations
LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters…
Bank of England surprises with 50 basis point rate hike to tackle persistent inflation
LONDON — The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its…
