UK property demand rises following Bank of England rate cut
British estate agents have reported increased buyer demand following the Bank of England's decision on August 1 to…
Browsing Tag
The Bank of England (BOE)
Bank of England allocates record £34.3b in short-term repo funds
The Bank of England (BoE) allocated a record £34.292 billion ($44.1 billion) in seven-day funds during its weekly…
Sterling falls after weaker UK inflation data
The pound sterling fell 0.3 per cent to $1.2827 on Wednesday following weaker-than-expected UK inflation data,…
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…
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,…
