Yen set for best January since 2018; dollar firm ahead of tariff deadline
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
UK house price rise loses some of its steam in January, Nationwide says
British house prices lost some of their momentum in January when they rose by just 0.1% compared with December, but the ...
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during ...
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing ...
Nationwide reveals what’s happening to house prices across the UK ahead of Bank of England rate decision
HOUSE PRICES have slowed at the start of January, according to Nationwide. The building society said the average price of a ...
Five graphs the Bank of England will assess before interest rate decision
The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect ...
Bank of England is squeezing small banks too hard
Politicians want growth; bank regulators want safety. This puts the watchdogs in an unenviable position. If they relax the rules and the economy expands, they are unlikely to get credit. If it all ...
Surprising UK pay growth could delay Bank of England’s interest rate cuts
The surge in wages, coupled with companies reducing their workforce, “muddies the picture” for the Bank of England in terms ...
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the ...
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
Mortgage approvals to home buyers edged up in December, Bank of England figures show
The number of mortgage approvals for home buyers saw a slight increase in December, as reported by the Bank of England.