Bank of England
Even the Bank of England is struggling to make ends meet
It is looking to re-initiate the sale of a London sports club and targets an 8% reduction in operating costs in the next financial year
UK inflation rises by more than expected to 3.4%
Its inflation remains the highest in the Group of Seven, despite the country’s sluggish economic growth
UK economy expected to grow 1.4% in 2026 despite weaker unemployment
The euro zone’s GDP is forecast to slow just slightly to 1.2% this year and inch upwards to 1.4% in 2027, said analysts
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target
Bank of England might need new powers to assess private markets: lawmakers
This is if a landmark stress test fails to shed enough light on risks posed by the fast-growing but opaque market
Bank of England lowers rates after tight vote but signals caution about further cuts
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75%
UK inflation slides to 3.2% before Bank of England rate decision
British inflation has been higher than in other major advanced economies
UK unemployment rises as labour market eases ahead of BOE meeting
Wage growth excluding bonuses edge down to 4.6% from 4.7% in November
Bank of England faces the end of easing cycle
The 25 bp cut on Dec 18 will bring the BOE’s rate to 3.75%, and is suggested as Britain’s ‘neutral rate’
Rich world’s rate-cut momentum is fading away
Central bankers are stepping back to assess how their progress so far is impacting growth and inflation
