Tag: Bank of England
Bank of England Holds Rates Steady, Keeps Bank Rate at 4%
The Bank of England (BoE) kept interest rates unchanged at its policy meeting on Thursday, as markets had widely anticipated. The central bank signaled...
UK Inflation Stays at 3.8%, Leading Major Developed Economies
UK inflation steady at 3.8%, highest among major economiesUK inflation stayed at 3.8% in August, the highest rate among advanced economies, according to official...
UK Labor Market Cools as Payroll Numbers and Wage Growth Decline
UK jobs market weakens as payrolls and wage growth slow
Britain’s labor market continued to lose momentum, with official data showing employment falling for a...
HSBC sees BoE sticking with £100bn a year quantitative tightening
HSBC Expects Bank of England to Maintain £100 Billion QT Pace
HSBC forecasts that the Bank of England (BoE) will keep its quantitative tightening (QT)...
UK GDP Data Reveals Zero Growth in July
The UK economy showed no growth in July, according to official data released on Friday, matching economists’ expectations after a strong 0.4% rebound in...
UK Shares End Higher, Lifted by Banking and Healthcare Gains
UK stocks rebounded on Wednesday after recording their steepest daily decline in nearly five months during the previous session. Investors had been rattled by...
UK Pound’s Sharp Reaction to Gilt Market Decline May Be Excessive
The British pound struggled on Tuesday as 30-year gilt yields hit their highest level since 1998. However, ING said on Wednesday that the market...
