In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...

WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.

Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his ...

Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the ...

Britain's central bank lightened the capital requirements for medium-sized banks on Tuesday, as part of a wider set of ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...

Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...

One analyst said the Bank was "stuck between delaying rate cuts to tame prices or easing policy to support a weakening ...

Mid-tier banks have long faced regulatory hurdles that hinder growth, especially the minimum requirements once a lender's ...

Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...

Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn ...

Andrew Bailey warned that 'tariffs creates the risk of fragmenting the world economy' in a speech on Tuesday evening.