Global tariff tensions could hit UK hard, BoE warns
The Bank of England (BoE) warned on Wednesday that risks to the global economy and financial markets have…
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The Bank of England (BOE)
Sterling weakens on Monday, euro extends gains
The pound sterling extended losses against the euro on Monday, hovering at a one-and-a-half-month low after its…
Sterling steady as investors await inflation data
The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
UK businesses to cut pay awards amid tax hikes
A majority of British businesses plan to reduce staff pay awards following tax hikes announced in October's budget,…
Bank of England yet to decide on digital pound launch
The Bank of England (BOE) announced on Tuesday that no decision has been made regarding the introduction of a…
Sterling outperforms major currencies against dollar
The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…
Sterling hits 2.5-year high against euro
The pound sterling reached its highest level against the euro in over two and a half years on Tuesday, bolstered by…
BoE urges hedge funds to adhere to FX global code
The Bank of England (BoE) may soon pressure hedge funds and trading venues to adopt the FX Global Code of Conduct,…
BoE’s Lombardelli: Inflation may exceed forecasts
Bank of England Deputy Governor Clare Lombardelli expressed concerns about inflation potentially rising higher than…
Bank of England’s Mann cautions on persistent inflation threats
High inflation in the UK remains a concern, with potential risks of rising price pressures, Bank of England…