Bank of England

British gross domestic product in July was 1.6% higher than a year earlier

2027 may see economic contraction if the waterway’s closure extends, says EY

[LONDON] The Bank of England kept interest rates steady at 3.75 per cent, as UK officials sought to balance the threat from resurgent US-Iran tensions against signs that domestic price pressures are easing more quickly than predicted.

It warned that the technology increases banks’ vulnerability to cyberattacks

Mann has long advocated being “activist” by responding quickly and aggressively if circumstances change

It is down at 52.5 in June, below a preliminary estimate of 53.1 and May’s 53.9

The average property price is flat at £277,484 after a 0.6% drop in May

AUTONOMOUS artificial intelligence agents risk causing “market meltdown” and may need tighter regulation, Bank of England Deputy Governor Sarah Breeden warned.

As LONDON bakes in record-breaking sunshine, Bank of England officials are beginning to fret that, as one supply shock dissipates, the weather could produce the next one to push up inflation.