Higher energy bills push UK inflation to 6-month high in October
Inflation in the U.K. has risen sharply to a six-month high in October. It's an increase that's set to cement market ...
Pound Sterling jumps as UK inflation accelerates more than expected
The Pound Sterling climbs above the round-level resistance of 1.2700 against the US Dollar. The GBP/USD pair gains after a ...
Bank of England chief insists retailers are right to warn of post-Budget job cuts
Bank of England governor Andrew Bailey has said retailers are right to warn the government of potential job cuts due to tax ...
Money blog: Sharper than expected rise in inflation deals fresh blow to interest rate cut hopes
Inflation rose sharply to 2.3% in October. Much of the increase came from the 9.5% rise in the energy price cap. Read this ...
Retailers ‘right’ to warn of Budget job cuts, says Bank of England governor
The governor of the Bank of England, Andrew Bailey, said retailers were “right” to warn of sweeping job cuts as a result of ...
Greggs, Amazon, Tesco, Asda, Sainsbury's, Aldi warn of job losses and price increases
More than 70 businesses have written to Chancellor Rachel Reeves, warning that the national insurance changes in October's ...
Politico Europe19h
Don’t pick a side in Trump vs. EU trade war, Bank of England boss warns UK
The head of the U.K. central bank said Britain should maintain an “active dialogue” with both the EU and the U.S., amid fears incoming President Donald Trump will force London to choose which ...
BoE chief Andrew Bailey blames Budget and US election nerves for driving up UK borrowing rates... as he questions whether Trump will follow through on tariff threats
Andrew Bailey said the rise in the costs of servicing government debt - which also affects mortgage rates - had been partly a ...
Admiral Markets21h
UK And Canada Inflation Reports Draw Attention, Goldman Sachs Sees SP500 To 6,500 In 2025
Inflation reports coming from the UK and Canada draw market attention as the week starts while Goldman Sachs sees S&P500 ...
Bank of England governor backs big retail on budget jobs threat
The Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job ...
BOE's Bailey Says Won't Jump to Conclusions on Trump Tariffs Hit to U.K. -- Update
The Bank of England will need to see the details of President-elect Donald Trump's new tariffs before drawing firm conclusions about their impact on the U.K., Governor Andrew Bailey told lawmakers ...
BOE’s Bailey Says Budget Tax Rises Support Gradual Rate Cuts
The UK government’s move to raise taxes on employers means the Bank of England will have to take a cautious approach in ...