Bank of England
UK jobs slump deepens as Starmer woes add to headwinds, REC says
Economists and investors think the weakness of the labour market will limit how far the BOE raises rates this year
UK mortgage approvals hit 15-month high in April despite Iran war
Banks and building societies approve 65,945 home loans, up from 63,979 in March and the highest number since January last year
Bank of England’s Bailey says allowing inflation to run above target is appropriate
Keeping interest rates on hold was already affecting the economy, he said
British businesses turning to temporary staff to cope with volatility
BRITISH employers are relying more heavily on temporary workers, a closely watched survey shows, as they adapt to economic turbulence from the war in the Middle East.
Bank of England holds rates as officials consider hikes ahead
The Monetary Policy Committee (MPC) voted 8-1 in favour of leaving the benchmark rate at 3.75%
NIESR slashes UK growth forecast as Iran war and inflation hit economy
There was a “high likelihood” of Britain entering a recession in the second half of the year if the conflict drags on
UK public inflation expectations fell in April: survey
[LONDON] Britons’ short-term and long-term inflation expectations fell in April, in a surprise reading from a monthly survey by YouGov for US bank Citi, which said the data did not give the Bank of En...
BOE set to stress test longer energy shock while holding rates
Its monetary policy committee is expected to leave borrowing costs on hold at 3.75% on Thursday
An unexpected benefit of UK banknote innovation: Britons eat less cash
The number of damaged notes – especially those that have been ‘chewed or eaten’ – is down substantially
