UK house prices rise for first time in over a year
BRITISH house prices in February rose in annual terms for the first time in more than a year, mortgage lender Nationwide Building...
Rate cut bets not unreasonable but UK economy picking up, says BOE's Bailey
BETS by investors on interest rate cuts in 2024 were not unreasonable, Bank of England governor Andrew Bailey said on Tuesday (Feb...
First Bank of England interest-rate cut is months away despite recession: Pill
A FIRST interest-rate cut by the Bank of England is still “several more months” away as inflation may prove persistent even though...
BOE governor encouraged by latest UK inflation data
BANK of England (BOE) governor Andrew Bailey said he was encouraged by inflation data published on Wednesday (Feb 14) which left price...
UK wage growth stronger than expected, supporting BOE caution
UK WAGE growth slowed less than expected in the fourth quarter, underscoring the case for the Bank of England (BOE) to wait...
Spare UK taxpayers bill for QE losses, ex-BOE deputy says
THE operation of the Bank of England’s quantitative easing programme should be changed to save UK taxpayers billions of pounds, according to...
UK employers plan smaller pay rises for 2024: survey
BRITISH employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly...
UK jobless rate in late-2023 much lower than earlier estimates
BRITAIN’S unemployment rate was much lower late last year than previously thought, the Office for National Statistics (ONS) said on Monday (Feb...
Bank of England signals rate cuts possible once inflation eases
THE Bank of England opened the door to interest-rate reductions, slashing its outlook for inflation this year and dropping its guidance that...
Goldman, PGIM expect pound to rise to US$1.30 as BOE defers rate cuts
A GROWING chorus of investors expects the pound to rally to US$1.30, a level last sustained two years ago, arguing that the...