The Bank of England target is to keep inflation at 2%. With inflation well above that level, the Bank increased interest ...
They're clearly optimistic. They know the UK may be the first country to cut interest rates – ahead of the US Federal Reserve ...
Britain exited recession with stronger-than-expected growth in the first quarter of 2024, official data showed Friday, in a ...
Bank of England says - The Bank previously believed that inflation would briefly fall back to target briefly this quarter, ...
Stronger than expected growth at the start of the year saw the UK's economy emerge from recession. The economy grew by 0.6% ...
The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed ...
UK inflation is currently 4% a year, with the Bank Rate of 5.25% unchanged since last August. There is little expectation of a Bank Rate cut this month, especially given today’s figures from the US.
Gross domestic product jumped 0.6 per cent in the first quarter compared to the previous three months, the Office for ...
UK inflation dynamics are different to US. There has been some decoupling recently between UK and US market rate expectations ...
The end of the recession is largely credited to increased activity within the services sector. Since the start of the year, ...
Proactive Investors - The UK economy grew 0.2% year on year and 0.6% sequentially in the first quarter of 2024, officially ...
UK Chancellor of the Exchequer Jeremy Hunt will need to raise taxes to meet his fiscal rules as weak growth and sticky ...