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UK Wage Growth Eases to 4.7% in Three Months to August

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UK Wage Growth Slows to 4.7% in Three Months to August Average weekly earnings in the United Kingdom, excluding bonuses, rose 4.7% year-on-year in the...

Bank of England Holds Rates Steady, Keeps Bank Rate at 4%

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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

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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 Pound’s Sharp Reaction to Gilt Market Decline May Be Excessive

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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...
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