British manufacturing orders decline, price expectations ease
British manufacturing orders contracted at the fastest rate since November, according to a survey by the…
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Bank of England
Bank of England holds rates at 5.25%
The Bank of England's Monetary Policy Committee (MPC) opted on Thursday to maintain the benchmark interest rate at…
BoE’s Mann warns of overestimated rate cuts
Financial markets might be overly optimistic about the number of interest rate cuts anticipated this year, said…
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…
UK CPI inflation jumps to 10.4% in Feb.
The Office for National Statistics announced on Wednesday UK's consumer price index (CPI) reached 10.4 percent in…
HSBC pays £1 to rescue UK Silicon Valley Bank
HSBC UK Bank, announced on Monday that it has agreed to acquire Silicon Valley Bank U.K. (SVB) for £1 ($1.21), the…
