BOE to Cut Rates More Gradually After Strong Inflation, Wage Data
Strong inflation and wage growth data this week suggests the Bank of England will cut interest rates more steadily than ...
New UK-Based Climate Group Emerges as Banks Retreat
It was a dank, drizzly February evening when about 120 people gathered in the brightly lit art gallery of London’s Guildhall, surrounded by gold-framed paintings ranging from Pre-Raphaelites to ...
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Fact check: Rachel Reeves worked for the Bank of England over five years
Ms Reeves, 46, spent five-and-a-half years working for the Bank of England between 2000 and 2006. A LinkedIn page which appears to belong to Ms Reeves says that she worked at the Bank of England ...
UK Employment and Inflation Numbers Ahead; GBP/USD Drifting Around Resistance
If inflation comes in broadly higher than expected, this will likely underpin a bid in the GBP/USD (British pound versus the US dollar) and perhaps pull the currency pair beyond current daily ...
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Bank of England’s tepid rate cut risks prolonged stagflation, warns deVere CEO
The Bank of England’s hesitant approach to tackling the UK’s economic malaise is setting the stage for prolonged stagnation, warns Nigel Green, CEO of global financial advisory giant deVere Group. The ...
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Andrew Bailey dismisses warnings the BoE is 'crushing' the economy with high interest rates as he says UK recession is set to be smallest since 1970s
The Bank of England Governor today dismissed warnings interest rates ... one of the members told the committee 'downside ...