News

Bank of England still likely to accelerate cuts later this year
We expect the BoE will end the year with rates at 3.5 per cent — which means three cuts in H2 2025. Realistically, if the BoE ...
The Bank of England has one job. It’s failing
What on Earth is going on at the Bank of England? The question is as valid today as it was three years ago, when the UK was ...
U.K. Inflation Jumps, Reinforcing Bank of England’s Caution
Consumer prices rose 3.5% in April compared with a year earlier as businesses raised their prices in response to higher ...
Bank of England Should Slow Interest-Rate Cuts, Pill Says
The Bank of England should slow its cycle of interest-rate cuts as inflation and wage growth continue above target, its chief ...
Bank of England's PRA clarifies status of international bank branches
The Bank of England's Prudential Regulation Authority clarified its expectations around business conducted within branches of ...
BoE's Pill views quarterly pace of rate cuts as 'too rapid'
Bank of England Chief Economist Huw Pill said on Tuesday he thought a quarterly pace of interest rate cuts had been too fast ...
The Economist3d
An eccentric set of one-offs has knocked inflation up in Britain
A certain white-knuckle angst accompanied Britain’s early-morning inflation releases in 2022 and 2023, when prices were ...
BOE Wants Banks to Hold More Capital Against Weak Foreign Debt
The Bank of England has proposed raising capital charges for banks’ holdings of lower-rated overseas debt, as it pushes to ...
BOE Weighs Looser Ring Fence as Banks Lobby to Remove Rules
The Bank of England is considering ways to loosen post-crisis rules that forced banks to separate their retail and investment ...
UK Employer Pay Rises Hold at 3% but Signs of Softness Grow, Brightmine Says
LONDON (Reuters) -Pay settlements granted by British employers stayed at 3% in the three months to April but many firms are ...
Nationwide to make big change to bank accounts in DAYS affecting millions – and customers need to check now
NATIONWIDE is making a major change to dozens of bank accounts in days affecting millions. The major building society is slashing interest rates on more than 60 savings accounts from next Sunday ...