UK cuts interest rate to 4%
The Bank of England (BoE) decided on Thursday to cut the rate by 0.25 per cent points to 4 per cent, citing…
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UK economy
UK house prices see biggest monthly rise in July ’25 – Halifax
UK house prices rose by 0.4 per cent in July, the highest monthly increase this year, with the average property…
Sterling steady on Wednesday, markets await rate cut
The pound sterling traded largely unchanged on Wednesday as markets awaited the Bank of England’s upcoming policy…
Sterling steady on Tuesday ahead of BoE decision
Sterling edged slightly higher against the dollar on Tuesday and strengthened against the euro, as traders awaited…
Sterling extends gains ahead of BoE rate call
The pound sterling rose against the US dollar on Monday, extending Friday’s gains as a weaker-than-expected US jobs…
Sterling set for sharpest monthly drop since 2022
The pound sterling is on track for its steepest monthly loss against the US dollar since September 2022, as…
UK shop prices hit highest level since April ’24
British shop prices rose by 0.7 per cent in the 12 months to July, the highest increase since April 2024, driven by…
UK pay settlements stagnant amid inflation surge
Pay settlements by British private-sector employers remained flat at 3 per cent in the three months to June,…
UK debt costs surge, borrowing nears record
UK public sector borrowing rose sharply in June 2025, hitting £20.7 billion — £6.6 billion more than a year earlier…
Sterling edges higher, fiscal worries keep pressure on
The pound sterling inched higher against both the dollar and the euro on Monday, though it remained close to…