Stagflation: Chancellor Rachel Reeves faces mess of her own making
The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...
FTSE 100 LIVE: Stocks mixed as UK house prices hit new record high
House prices rose just a day after the Bank of England cut interest rates for the first time this year in a boost for the ...
Mortgage rates to fall as Bank of England cuts interest
The Bank of England have announced it is cutting the UK’s base interest rate to 4.5%. As a result, the cost of borrowing is expected to fall to its lowest point in more than 18 months. The base rate ...
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'Stagflation' fears grow as UK inflation to hit 3.7% by summer: 'Bleak for Reeves!'
Britain is at risk of falling into "stagflation" this year as the consumer price index (CPI) rate of inflation is forecast to ...
Pound Sterling gains against USD ahead of US NFP
The Pound Sterling (GBP) ticks lower to near 1.2420 against the US Dollar (USD) in Friday’s European session ahead of the ...