Rising debt costs and a stagnant economy are piling pressure on the Labour Government ...

Inflation is set to rise to 3 percent in the spring, meaning the Bank of England is unlikely to cut interest rates in the ...

Prices in the UK went up by 2. ... It means inflation has been above the Bank of England's target for two months in a row. The Bank moves interest rates up and down to try to keep inflation at ...

The GBP/USD exchange rate is in its third consecutive week of losses as the US dollar strength gains steam. It has crashed to ...

Paul Dales, chief UK economist at the think tank Capital Economics, said November's higher inflation figure made it very unlikely interest rates would be cut on Thursday. "There is almost no ...

UK assets slumped again on Monday as angst ahead of a key inflation report this week threatens to extend a selloff in the ...

UK interest rates are expected to remain at 4.75%, with rising inflation and wage growth persuading the Bank of England’s policymakers to keep rate cuts on pause, experts think. The Bank will ...

But there is an important catch. Central banks generally make rapid interest rate cuts when they are worried about the ...

LONDON (AP) — Inflation in the U.K. rose to its highest level in eight months during November, official figures showed Wednesday, a development that has cemented market expectations that the ...

The yield on the UK’s 30-year inflation-linked bonds rose to 2% for the first time since the market meltdown in late 2022.