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 inflation
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…
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 slips ahead of UK spending review
Sterling edged lower against the dollar on Wednesday, falling 0.2 per cent to $1.3472, as markets awaited British…
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…
UK inflation accelerates in April
UK inflation picked up pace in April 2025, with the Consumer Prices Index including owner occupiers’ housing costs…
Sterling falls against euro but rises against dollar
Sterling fell against the euro on Wednesday, breaking a seven-day winning streak, as the euro gained 0.35 per cent…
BOE cuts rate as disinflation progresses
The Bank of England's (BOE) Monetary Policy Committee (MPC) decided on Thursday to cut the bank rate by 0.25…
Sterling edges higher ahead of BoE decision
Sterling rose 0.29 per cent against the dollar on Monday to 1.3305, supported by broad dollar weakness and investor…
Sterling nears 3-year high on solid UK fundamentals
The pound Sterling edged 0.20 per cent lower to $1.3409 versus the dollar on Tuesday but remained near its highest…