Sterling up after June jobless rate defies expectations
The pound sterling rose on Tuesday following the release of unemployment data for June, which showed an unexpected…
Browsing Tag
The Bank of England (BOE)
UK grocery inflation rises for 1st time since march ’23
UK grocery inflation increased for the first time since March 2023, reaching 1.8 per cent in the four weeks to…
Sterling rises slightly after 4-week decline
Sterling showed a modest gain on Monday after four consecutive weeks of declines against the dollar, as traders…
UK goods, services prices set to rise, BoE warns
Goods and services prices are expected to rise again, and wage pressures in the economy could persist for years,…
Sterling bounces back from five-week low
The pound sterling rebounded on Wednesday after hitting a five-week low the previous day, rising 0.27 per cent to…
Sterling hits five-week low against dollar
The pound sterling fell to a five-week low against the dollar on Tuesday, trading at $1.2699, down 0.6 per cent and…
UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
England cuts rates by 0.25%
The Bank of England (BOE) announced on Thursday a rate cut of 0.25 percentage points to 5 per cent following its…
BoE poised for possible rate cut – poll
The Bank of England (BoE) may cut interest rates on Thursday after keeping them at a 16-year high of 5.25 per cent…
Sterling falls on rate cut hopes, Reeves’ speech
The pound sterling dropped to its lowest level in two weeks on Monday as investors awaited the Bank of England's…
