Pound drops as worsening growth outlook dampens BoE hike bets
Pound banknotes are seen in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Aug 24 (Reuters) -...
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UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR
A man works at a computer on a standing desk in an office in the financial district of Canary Wharf...
Higher British mortgage rates squeeze housing affordability: Halifax
People walk past a row of colourful houses in London, Britain, March 19, 2023. REUTERS/Henry Nicholls/File Photo Acquire Licensing RightsLONDON,...
High services costs make UK rate-cutting laggard
Governor of the Bank of England Andrew Bailey speaks as he attends a press conference for the Monetary Policy Report...
UK inflation set sterling for biggest one-day rally in three-weeks
Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Aug 16...
Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month low
Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON/LONDON, Aug 15 (Reuters) - The dollar index was lower after data showed U.S. retail sales increased more than expected in July, while the yuan sank to a nine-month trough on Tuesday after China's central bank unexpectedly cut key policy rates.U.S. retail sales jumped 0.7% last month, the Commerce Department said, demonstrating that demand has remained resilient despite the Federal Reserve's aggressive interest rate hikes to tame inflation, thanks to strong wage gains from...
UK inflation to exceed BoE target for next 4 years: NIESR
The Bank of England is seen in London March 19, 2008. REUTERS/Luke MacGregor (BRITAIN)/File PhotoLONDON, Aug 9 (Reuters) - The...
UK’s high inflation cools, offering some relief to Bank of England
CPI +7.9% vs Reuters poll +8.2%Core inflation also falls to +6.9% vs poll +7.1%UK still has higher inflation than many...
UK mortgage rates surge to 15-year high after surpassing ‘mini-budget’ peak
A man walks past houses ‘For Sale’ in a residential street in London, Britain, September 27, 2022. REUTERS/Hannah McKayLONDON, July...
Bank of England’s Bailey vows to ‘see the job through’ on inflation
Under pressure, Bailey says "crucial" to see job throughUK inflation is running higher than in any other G7 economyBailey largely...
