BOE faces critical policy decision with pound reach its lowest level
The Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but the…
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Bank of England (BOE)
ECB to start discussion on shrinking its balance sheet earlier on October – report
The European Central Bank (ECB) agreed to start discussions on shrinking its balance sheet in early October,…
Britain’s next prime minister to be announced today
UK will name its new prime minister on Monday following a hard and bitter competition for leadership within the…
UK house price surges – Nationwide says
UK house average price stands at £273,751 ($316,487) up from £271,209 in July as it represents an increase of…
UK economy to enter recession in fourth quarter, Goldman Sachs says
UK economy will go into stagnation later this year, with the risk that it could turn out to be a deep contraction…
UK’s prime minister first runner would review 3 financial regulatory – source
Liz Truss the prime candidate to become Britain's next prime minister wants to examine the roles of the country's…
UK inflation hits 9.4% in June, seen at 13% in Oct.
UK inflation increased to 9.4 percent in June and the Bank of England (BOE) said inflation will hit 13 percent in…
Bank of England unveils largest interest rate hike in 27 years
The Bank of England has on Thursday raised interest rates by 50 basis points, its largest single increase since…
Dollar prices hover near 11-month highs, shaky pound awaits BOE
Dollar prices hovered near an 11-month high against a basket of currencies on Thursday, supported by a rise in U.S.…
European markets to open higher ahead of OPEC meeting, BOE to unveil rate decision
European markets are set to open higher Thursday morning amid growing tensions in the oil market ahead of an OPEC…
