Featured Global tariff tensions could hit UK hard, BoE warns Aya El Sayed Apr 9, 2025 0 The Bank of England (BoE) warned on Wednesday that risks to the global economy and financial markets have…
Featured Sterling weakens on Monday, euro extends gains Aya El Sayed Mar 10, 2025 0 The pound sterling extended losses against the euro on Monday, hovering at a one-and-a-half-month low after its…
Featured Sterling steady as investors await inflation data Aya El Sayed Feb 12, 2025 0 The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
Featured UK businesses to cut pay awards amid tax hikes Aya El Sayed Jan 27, 2025 0 A majority of British businesses plan to reduce staff pay awards following tax hikes announced in October's budget,…
Featured Bank of England yet to decide on digital pound launch Aya El Sayed Jan 14, 2025 0 The Bank of England (BOE) announced on Tuesday that no decision has been made regarding the introduction of a…
Featured Sterling outperforms major currencies against dollar Aya El Sayed Dec 31, 2024 0 The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…
Featured Sterling hits 2.5-year high against euro Aya El Sayed Dec 10, 2024 0 The pound sterling reached its highest level against the euro in over two and a half years on Tuesday, bolstered by…
Featured BoE urges hedge funds to adhere to FX global code Aya El Sayed Dec 3, 2024 0 The Bank of England (BoE) may soon pressure hedge funds and trading venues to adopt the FX Global Code of Conduct,…
Featured BoE’s Lombardelli: Inflation may exceed forecasts Aya El Sayed Nov 25, 2024 0 Bank of England Deputy Governor Clare Lombardelli expressed concerns about inflation potentially rising higher than…
Featured Bank of England’s Mann cautions on persistent inflation threats Aya El Sayed Nov 13, 2024 0 High inflation in the UK remains a concern, with potential risks of rising price pressures, Bank of England…
Featured URGENT: BoE cuts interest rate by 0.25 points Aya El Sayed Nov 7, 2024 0 The Bank of England cut its interest rate by 0.25 percentage points to 4.75 per cent in its November 6 meeting,…
Featured Sterling drops against euro, dollar on Monday Aya El Sayed Oct 7, 2024 0 Sterling fell 0.2 per cent to $1.3090 on Monday, continuing its decline after last week's significant drop, the…
Featured Sterling hits two-year high on Thursday Aya El Sayed Sep 19, 2024 0 The pound sterling surged to its highest level in over two years against the dollar on Thursday, reaching $1.33 for…
Featured URGENT: BOE holds interest rate at 5% Aya El Sayed Sep 19, 2024 0 The Bank of England (BOE) decided on Thursday to keep interest rate at 5 per cent.
Featured Sterling gains on Monday as UK inflation data looms Aya El Sayed Sep 16, 2024 0 The pound sterling strengthened against the dollar on Monday, rising 0.5 per cent to $1.3190, following a slight…
Featured Sterling hits 1-m high as dollar weakens Aya El Sayed Aug 19, 2024 0 The pound sterling reached a one-month high against the dollar on Monday, buoyed by expectations of US interest…
Featured UK property demand rises following Bank of England rate cut Aya El Sayed Aug 19, 2024 0 British estate agents have reported increased buyer demand following the Bank of England's decision on August 1 to…
Featured Bank of England allocates record £34.3b in short-term repo funds Aya El Sayed Aug 15, 2024 0 The Bank of England (BoE) allocated a record £34.292 billion ($44.1 billion) in seven-day funds during its weekly…
Featured Sterling falls after weaker UK inflation data Aya El Sayed Aug 14, 2024 0 The pound sterling fell 0.3 per cent to $1.2827 on Wednesday following weaker-than-expected UK inflation data,…
Featured Sterling up after June jobless rate defies expectations Aya El Sayed Aug 13, 2024 0 The pound sterling rose on Tuesday following the release of unemployment data for June, which showed an unexpected…
Featured UK grocery inflation rises for 1st time since march ’23 Aya El Sayed Aug 13, 2024 0 UK grocery inflation increased for the first time since March 2023, reaching 1.8 per cent in the four weeks to…
Featured Sterling rises slightly after 4-week decline Aya El Sayed Aug 12, 2024 0 Sterling showed a modest gain on Monday after four consecutive weeks of declines against the dollar, as traders…
Featured UK goods, services prices set to rise, BoE warns Aya El Sayed Aug 12, 2024 0 Goods and services prices are expected to rise again, and wage pressures in the economy could persist for years,…
Featured Sterling bounces back from five-week low Aya El Sayed Aug 7, 2024 0 The pound sterling rebounded on Wednesday after hitting a five-week low the previous day, rising 0.27 per cent to…
Featured Sterling hits five-week low against dollar Aya El Sayed Aug 6, 2024 0 The pound sterling fell to a five-week low against the dollar on Tuesday, trading at $1.2699, down 0.6 per cent and…
Featured UK banks can be wound down without public funds – BoE Aya El Sayed Aug 6, 2024 0 The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
Featured England cuts rates by 0.25% Aya El Sayed Aug 1, 2024 0 The Bank of England (BOE) announced on Thursday a rate cut of 0.25 percentage points to 5 per cent following its…
Featured BoE poised for possible rate cut – poll Aya El Sayed Aug 1, 2024 0 The Bank of England (BoE) may cut interest rates on Thursday after keeping them at a 16-year high of 5.25 per cent…
Featured Sterling falls on rate cut hopes, Reeves’ speech Aya El Sayed Jul 29, 2024 0 The pound sterling dropped to its lowest level in two weeks on Monday as investors awaited the Bank of England's…
Featured BoE warns of risks from non-bank financial boom Aya El Sayed Jul 18, 2024 0 The booming non-bank financial industry has created excessive leverage, posing significant financial stability…
Featured Sterling slips 0.1%, still set for weekly gain Aya El Sayed Jul 18, 2024 0 The pound sterling dipped 0.1 per cent on Thursday to $1.2995 but remains on track for a fourth consecutive weekly…
Featured Sterling soars to 2-yr peak vs euro Aya El Sayed Jul 17, 2024 0 The pound reached its highest level in nearly two years against the euro and around one year against the dollar on…
Featured June UK inflation stays at 2.0% Aya El Sayed Jul 17, 2024 0 British inflation remained steady at 2.0 per cent last month, official data released on Wednesday revealed.
Featured Sterling stable as major data approaches Aya El Sayed Jul 16, 2024 0 The pound sterling held steady on Tuesday, just shy of a one-year high against the dollar reached the previous day,…
Featured UK home asking prices fall amid rate cut hopes Aya El Sayed Jul 15, 2024 0 Asking prices for British homes listed this month fell as some buyers await a potential interest rate cut by the…
Featured Sterling hits 3-week high against euro on Monday Aya El Sayed Jul 8, 2024 0 The pound reached a three-week high against the euro on Monday following France's parliamentary elections, which…
Featured UK firms less likely to raise prices – BCC Aya El Sayed Jul 8, 2024 0 British firms are less likely to raise prices in the coming months, according to a survey by the British Chambers…
Featured UK consumer credit rebounds in May – BOE Aya El Sayed Jul 1, 2024 0 British consumer borrowing surged in May, marking the largest increase in four months following a downturn in…
News UK housing market slows as rate cut hopes fade Aya El Sayed Jun 13, 2024 0 Britain's housing market slowed in May as the outlook for imminent rate cuts by the Bank of England dimmed, causing…
Featured UK job market recovers post-downturn Aya El Sayed Jun 10, 2024 0 The decline in permanent hiring in Britain in May was the least severe in over a year, indicating a potential…