UK inflation drops to 3.4% in Feb
UK inflation dropped to 3.4 per cent, hitting its lowest level in 2 1/2 years, aligning with the BOE path towards…
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Bank of England (BOE)
Private credit funds-banks ties in Europe deepen amid higher default risks
A record 80 per cent of new European private credit funds used bank loans in 2023, known as subscription lines’, to…
Citigroup predicts BoE to reduce interest rates in June
Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
UK’s slips into tech recession in Q4 ’23,
UK’s economy experienced a recession in the second half of 2023, presenting a formidable challenge for Prime…
UK inflation holds steady at 4.0% in Jan.
British inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’…
UK regular wages grow by 6.2% in Q4 ’23
British regular wages excluding bonuses increased by 6.2 per cent in the fourth quarter of 2023, compared to the…
Bank of England keeps rates unchanged
The Bank of England (BoE) announced on Thursday that its Monetary Policy Committee (MPC) decided to keep interest…
U.K. house prices up 0.7% in Jan – Nationwide
U.K. house prices experienced a greater increase than predicted this month due to lower borrowing costs, which…
UK’s economy shrinks unexpectedly 0.5% in July
Britain's economy fell 0.5 percent in July from June at an unexpectedly sharp rate, that will add to worries about…
BOE hikes interest rates to 5% – highest since 2008
The Bank of England (BOE) has increased interest rates by 50 basis points, to five percent on Thursday, the bank’s…
