Consumers are cutting back on purchases amid growing pressure on the Bank of England to tame inflation. Retail sales increased 5.2% on a like-for-like basis in...
Economy
Price rises will not slow as quickly as expected due to soaring food costs, the Bank of England has warned. The forecast came as it increased interest rates to...
LONDON — The Bank of England on Thursday hiked interest rates by 25 basis points and revised its economic projections to now exclude the possibility of a U.K...
LONDON, May 11 (Reuters) – It’s the best performing currency this year in the G10 group of advanced economies against the dollar. But...
Ahead of the Bank of England’s interest rate decision Alex Brazier, deputy head of Blackrock Investment Institute, has said the economy is...