GBP/USD

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…

Bank of England hikes interest rates by 25 basis points after inflation surprises

LONDON — The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent…

UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%

U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The…