URGENT: Bank of England holds rate steady at 4.25%
The Bank of England’s Monetary Policy Committee (MPC) decided to keep Bank Rate unchanged at 4.25 per cent during…
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UK economy
Sterling dips on Tuesday ahead of BoE decision
Sterling edged lower against the US dollar on Tuesday as investor caution grew over Middle East tensions and…
Sterling steady on Monday ahead of BoE decision
Sterling held steady against the US dollar on Monday, trading at $1.359 as investors awaited the Bank of England’s…
Sterling hits 6-week low against euro as rate cut bets mount
The British pound strengthened against the US dollar on Thursday but slumped to a six-week low against the euro, as…
European indices extend losses on trade, growth fears
European stock markets fell on Thursday for a fourth consecutive session, as fading hopes over trade deals with the…
UK housing market slows on tax changes, trade worries
UK’s housing market cooled further in May as buyer demand weakened following a hike in property transaction taxes…
Sterling edges higher as UK avoids Trump tariff hike
Sterling firmed against the dollar on Wednesday as the UK avoided inclusion in US President Donald Trump's latest…
UK’s Reeves approves $21b for transport outside London
UK’s finance minister Rachel Reeves will on Wednesday confirm a £15.6 billion ($21.1 billion) investment in…
BoE’s Bailey: Rate cuts ‘gradual, careful’ amid trade uncertainty
Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…
Sterling steady on Tuesday ahead of UK bond auction
The pound sterling held largely steady on Tuesday, slipping just 0.15 per cent to $1.352 against the dollar, as…