Britain's retail lenders are withdrawing fixed home-loan products, as elevated inflation sparks fears of more Bank of England interest rate hikes and worsens the...
By Roland Jackson
London, United Kingdom—The Bank of England hiked its interest rate sharply again Thursday to combat decades-high inflation but warned the UK economy...
LONDON, United Kingdom―UK annual inflation has hit the highest level since 1992, data showed Wednesday, adding pressure to the cost of living and on...
LONDON, United Kingdom—The annual rate of inflation in Britain rose to a near 30-year high in December, official data showed Wednesday, stoking fears about...
London—The Bank of England on Thursday lifted interest rates to 0.25 percent to combat decade-high inflation, in a “finely balanced” decision due to mounting...
LONDON—British inflation spiked close to a ten-year high in October on increased energy bills and resurgent post-lockdown demand, data showed Wednesday, sparking talk of...
Asian markets retreated Tuesday as investors grew increasingly concerned about a growing energy crisis, spiking inflation, signs of a slowdown in the global economy...
London —The Bank of England left record-low interest rates unchanged Thursday as it weighed Britain’s vaccine-driven pandemic recovery alongside stubborn fears of rising inflation.
The...
London, United Kingdom—The economic crisis caused by Covid-19 will leave fewer longer term scars than previous recessions, Bank of England (BoE) governor Andrew Bailey...
London—Britain’s economy shrank by a record 9.9 percent last year on the fallout from the coronavirus pandemic despite managing strong growth in the second...
London—Britain’s financial sector is watching nervously as the prospect mounts of a “no-deal” Brexit, stoking fears of lost clients and influence in key areas,...
Bank of England governor Andrew Bailey said Monday that it will next year test the exposure of Britain's commercial lenders to climate change risks,...
