UK inflation, March 2024
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday. That was slightly higher than the forecast from economists polled by Reuters of…
UK economic growth, February 2024
Plane contrails streak across the sky over Regent Street on February 15, 2024 in London, England. Dan Kitwood | Getty Images LONDON — The U.K. gross domestic product rose 0.1%…
US inflation data, stocks, earnings
Stocks on the move: Tesco gains 5%, Ocado dips 2.5% Shares of Tesco rose 5% in afternoon deals as investors digested strong full-year earnings from the U.K. supermarket chain. Meantime,…
UK economic growth, January 2024
People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district, on a sunny and mild day. Sopa Images | Lightrocket | Getty Images LONDON —…
Bank of England leaves policy unchanged, says interest rates are ‘under review’
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank…
UK economy contracts in July as mild recession looms
Empty tables in the rain outside an Italian restaurant near a closed down pub in central London, UK, on Tuesday, Aug. 16, 2022. The Office for National Statistics are due…
UK borrowing costs drop after inflation print
Andrew Bailey, governor of the Bank of England, at a Group of 20 finance meeting in India, on Monday, July 17, 2023. Bailey has been facing pressure over the extent…
UK inflation rate slides to 7.9% in June, below expectations
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations…
Bank of England’s Huw Pill says Brits need to accept ‘we’re all worse off’
A Deliveroo cyclist, a man with an umbrella, and two women with a pram, walk past a derelict high street shop front with painted white windows on 16th February, 2022…
Sterling is the best performing G10 currency this year
The City of London is a blend of old and new, with St Paul’s Cathedral close to skyscrapers as well as Roman ruins. Shomos Uddin | Moment | Getty Images…