LONDON: Two Bank of England (BoE) officials moved to reinforce signals of an imminent rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a ...
He says that Bailey has been a disaster, hiking rates base rates to a 16-year high of 5.25 percent, even though the policy has done nothing to drive down consumer prices. Today's inflation is ...
Banks have been revelling in the BoE’s sharp rate hikes, but today’s 25 basis point hike – which brings interest rates to 4.5 per cent – is unlikely to improve banks’ bottom line ...
Rolling coverage of the latest economic and financial news ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
Simply sign up to the UK inflation myFT Digest -- delivered directly to your inbox. The Bank of England interest rate cuts should be “a long way off”, one of the central bank’s most hawkish ...
EUR/GBP extends losing streak on growing expectations of BoE delaying rate cuts. The gains in the UK 10-year yield enhanced ...
The Federal Reserve Chair Jerome Powell said this week during his speech that recent high inflation readings had not changed much the narrative of easing and the central bank stayed on track for ...
The Bank of England held interest rates steady, targeting sustainable 2% inflation amid global uncertainty and persistent 4% UK inflation. The Bank of England’s (BOE) latest monetary policy ...
NatWest, Barclays, Accord, Leeds Building Society and HSBC have all announced rate increases today - amid concern interest rates may not fall as much as expected this year. Swap rates - which ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
WAGES are rising for millions of workers new figures reveal. Growth in regular pay, excluding bonuses, was 6% in the three ...