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Bank of England

Bussiness

UK economic recovery was faster than first estimated in early 2024

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The UK economy grew at a faster pace than initially estimated, in the first three months...
Bussiness

French election poses threat to Britain’s economy, Bank of England warns

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The Bank’s Financial Policy Committee, headed by Andrew Bailey, the Governor, particularly...
Jobs

Despite 20% lesser jobs on offer, starting pay in UK up 6.5% on year in May

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A large number of people who have dropped out of Britain's job market. (Photo: Bloomberg)2 min read Last Updated : Jun 27 2024...
Bussiness

British business owners see high interest rates as a threat

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More than half of British business owners see high interest rates as a threat to their business, new research has found.New research from Charles...
Bussiness

UK public debt rises to highest since 1961 as election nears

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British public debt rose last month to its highest as a share of the economy since 1961, official figures showed on Friday, adding to...
Bussiness

As election looms, BoE set to sit tight on UK rate

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The Bank of England was set to hold its interest rate steady on Thursday despite slowing UK inflation, with higher price risks and Britain's...
Bussiness

UK inflation falls to Bank of England’s 2% target rate for first time in nearly 3 years

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Inflation in the U.K. returned to the Bank of England's target rate of 2% for the first time in nearly three years, official figures...
Tech

Fury as Bank of England spends £8million to allow office staff to work from home

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THE Bank of England has spent more than £8million on tech so staff can work from home.Bosses blasted for poor economic forecasting have splashed...
World

UK economy flatlines in April in blow to Conservatives ahead of elections

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While Treasury chief Jeremy Hunt insisted the economy is turning a corner, his opposite number in the Labour Party Rachel Reeves said the economy...
Bussiness

Why Britain’s biggest problem keeps breaking records

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This is particularly worrying for economic growth. Almost all of the economy’s...
Jobs

UK jobs market softens, despite strong wage growth – ETHRWorldME

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Bussiness

Four reasons why interest rates could stay higher for longer

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The upshot is that even if the headline rate dips below the...
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