BoE Takes Bold Step: Cuts Key Interest Rate to 4% Amid Inflation Battle
The Bank of England has cut its key interest rate to 4%, a move aimed at addressing inflation with a cautious outlook for future adjustments based on economic indicators.
UK economy News
BoE Governor Urges Caution: Why Cutting Rates Too Fast Could Harm the UK Economy
Bank of England Governor Andrew Bailey warns against rapid rate cuts despite easing inflation, as the MPC narrowly votes to reduce interest rates by 25 basis points to 4%.
European Markets Tumble Amid US Tariff Threats and Disappointing UK Economic Data
European markets closed sharply lower amid fears of new US tariffs on the EU and disappointing UK economic data, including a drop in industrial production and GDP contraction.
BoE's Alan Taylor Warns: A Long Journey Ahead to Neutral Rates Amid Economic Risks
Bank of England's Alan Taylor discusses the challenges of reaching neutral interest rates, the risks of restrictive monetary policy, and the uncertain outlook for the UK economy's ...
Significant Reduction in UK Trade Deficit: A Closer Look at the £6.6B Q1 Improvement
The UK's trade deficit has notably decreased to £6.6 billion in Q1, indicating a potential positive shift in the nation's economic dynamics and global trade standing.
BoE's Alan Taylor Warns: UK Far from Neutral Interest Rate Amid Economic Uncertainties
Bank of England's Alan Taylor discusses the UK's distance from a neutral interest rate and expresses concerns over weak business confidence and the unpredictable nature of global t...
BoE's Ramsden Voices Concerns Over UK Productivity and Supply Amid Trump's Tariff Uncertainty
Bank of England Deputy Governor Dave Ramsden expresses concerns over the UK's productivity and supply recovery amidst Trump's tariff policy uncertainties, highlighting potential im...
BoE's Bailey Stresses: Interest Rates Demand Vigilance Amid Global Uncertainties
Bank of England Governor Andrew Bailey warns against fixed interest rate policies, citing global uncertainties. Despite recent rate cuts to 4.25%, Bailey remains committed to a 2% ...
BoE Set to Slash Interest Rates to 4.25% as Trade War Fears Loom Over UK Economy
The Bank of England is expected to cut interest rates to 4.25% due to concerns over US tariffs impacting the UK economy. Despite positive GDP and inflation data, global trade tensi...
FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Approvals Decline
The FTSE 100 ended flat as UK economic data revealed a contraction in the manufacturing sector and a drop in mortgage approvals. The euro and pound sterling also weakened against t...
FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Woes
The FTSE 100 closed flat amid disappointing UK economic data, including a contraction in manufacturing and a drop in mortgage approvals. Currency markets also reflected uncertainty...
FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Woes
The FTSE 100 closed flat as UK economic data showed a contraction in the manufacturing sector and a drop in mortgage approvals. The euro and pound sterling both weakened against th...
Barclays Reports Stellar Q1 Performance with 11% Income Surge to £7.7 Billion
Barclays PLC announced an 11% rise in Q1 total income to £7.7 billion, with profits before and after tax increasing by 19% and 16% respectively. The bank's strong performance is at...
BoE's Megan Greene Expresses Uncertainty Over Future US Tariffs and UK Economic Challenges
Bank of England's Megan Greene discusses the uncertainty of future US tariffs, UK economic challenges, and potential trade diversions from China, highlighting concerns over supply ...
Uncertainty Looms: BoE's Megan Greene on Future US Tariffs and UK Economic Challenges
Bank of England's Megan Greene discusses the uncertainty surrounding future US tariffs and the challenges facing the UK economy, including debates over demand vs. supply weaknesses...
BoE's Greene Expresses Uncertainty Over Future US Tariffs and UK Economic Challenges
Bank of England's Megan Greene discusses the uncertainty of future US tariffs and the challenges facing the UK economy, including supply issues and weak productivity growth. She al...
Uncertainty Looms: BoE's Greene on Future US Tariffs and UK Economic Challenges
Megan Greene of the Bank of England discusses the uncertainty surrounding future US tariffs and the challenges facing the UK economy, including supply issues and weak productivity ...
Uncertainty Looms as BoE's Megan Greene Questions Future US Tariffs Impact on UK Economy
Bank of England's Megan Greene voices uncertainty over future US tariffs and their impact on the UK economy, highlighting concerns over supply issues, productivity growth, and pote...
BlackRock's CEO Larry Fink Expresses Renewed Confidence in UK Economy Under Starmer's Leadership
Larry Fink, CEO of BlackRock, expresses increased confidence in the UK economy under Prime Minister Keir Starmer, leading to billions in investments. Attractive asset discounts and...
BoE's Andrew Bailey Addresses Growth Shock Concerns Amid US Tariffs, Rules Out UK Recession Fears
Bank of England Governor Andrew Bailey discusses the impact of US tariffs on UK growth, emphasizing no immediate recession risk. The BoE weighs growth shocks against inflationary p...
BoE's Bailey Warns of Growth Shock from US Tariffs, Says UK Far from Recession
Bank of England Governor Andrew Bailey discusses the potential growth shock from US tariffs but reassures that the UK is not close to a recession, highlighting the need to balance ...
BoE's Andrew Bailey Addresses Growth Shock Concerns Amid US Tariffs, UK Recession Fears
Bank of England Governor Andrew Bailey discusses the potential impact of US tariffs on UK growth, reassuring that the UK is not near a recession. The central bank is carefully cons...
BoE's Governor Bailey Assures UK Economy's Stability Amid US Tariff Concerns
Bank of England Governor Andrew Bailey discusses the potential impact of US tariffs on UK growth, reassuring that the UK is not close to a recession, and outlines the consideration...
Chancellor Rachel Reeves Pledges No Hike in Income Tax, VAT, or National Insurance Amid Economic Challenges
British Chancellor Rachel Reeves reaffirms her commitment to not raise income tax, VAT, or National Insurance, despite economic pressures and a reduced growth forecast for 2025.
Chancellor Rachel Reeves Pledges No Hike in Income Tax, VAT, or National Insurance Amid Economic Challenges
British Chancellor Rachel Reeves commits to not increasing income tax, VAT, or National Insurance, adhering to Labour's pre-election promises. Despite economic challenges and a red...
UK to Welcome First Universal Theme Park in Europe: A Game-Changer for Bedfordshire and Beyond
British Prime Minister Keir Starmer announces a deal with Universal to build Europe's first Universal theme park in Bedfordshire, promising a £50 billion boost to the UK economy an...
UK to Welcome First Universal Theme Park in Europe: A £50 Billion Economic Boost
British Prime Minister Keir Starmer announces a deal with Universal to build Europe's first Universal theme park in Bedfordshire, promising 28,000 jobs and a £50 billion boost to t...
UK to Welcome Europe's First Universal Theme Park: A £50 Billion Boost to Economy
UK Prime Minister Keir Starmer announces a deal with Universal Destinations & Experiences to build Europe's first Universal theme park in Bedfordshire, promising a £50 billion econ...
UK to Welcome First Universal Theme Park in Europe: A Game-Changer for Bedfordshire and Beyond
British Prime Minister Keir Starmer announces a deal with Universal to build Europe's first Universal theme park in Bedfordshire, promising 28,000 jobs and a £50 billion boost to t...
Universal Studios Announces First European Theme Park in UK, Promising Economic Boom and Thousands of Jobs
British Prime Minister Keir Starmer announces a deal with Universal Destinations & Experiences to build Europe's first Universal theme park in Bedfordshire, UK, expected to create ...
UK's Starmer Warns of Future Challenges with New Automotive Tariffs and Trade Wars
British Prime Minister Keir Starmer warns of the significant economic challenges posed by new tariffs on automotive exports and other goods, calling for national unity and urgent a...
UK's Trade Deficit Narrows Significantly to £10.2 Billion in January, Signaling Economic Resilience
The UK's trade deficit has notably decreased to £10.2 billion in January, indicating a possible economic recovery. This article explores the implications of this decline and what i...
