Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.
Bank of England rate-setter Megan Greene said Britain’s lagging recovery in consumer spending may be boosted as interest rate ...
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of ...
Goldman’s latest UK prediction is based on its calculation of the ‘neutral’ rate of interest at which the economy can ...
To try to slow price rises, the Bank increased rates to encourage people to spend less, and bring inflation down. While the ...
This month's inflation rate is also normally used to set April's increase in benefits including jobseeker's allowance, ...
Inflation has dropped to 1.7%, falling below the Bank of England’s target for the first time since April 2021 📉 ...
Chancellor of the Exchequer Rachel Reeves will have to increase borrowing by about £25 billion ($32.5 billion) in the budget ...
Britain's commercial property market is returning to life after its post-pandemic freeze, albeit largely at much lower prices ...
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations ...
The Bank of England will be watching the upcoming inflation report closely as it decides on the timing of future interest ...
British pay grew at its slowest pace in more than two years in the three months to August and vacancies fell again, according ...