News

Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
The U.S., China and other leading economies should work together to agree on a set of national policies that will help narrow ...
Robert Wood, UK economist at Pantheon Macroeconomics, said interest rates should be held even though he now predicts a one-off cut.
The UK jobs market has weakened as wage growth slows and the unemployment rate rises, official statistics show. The annual ...
The estimate of employees on the payroll dropped by around 41,000 in June while the unemployment rate grew to 4.7% ...
Thousands of jobs were lost in June, official data has shown, putting the Bank of England under greater pressure to deal with ...
The “stickiness” of inflation well above target and the expectation amongst consumers and businesses that it will continue at ...
City bets on a Bank of England rate cut inched higher after data showed that the UK jobs market continues to weaken.   The ...
While rate cut expectations for 7 August have risen due to the weakening labour market, the data intensifies the focus on the ...
An interest rate cut from the Bank of England in August looks a “near certainty” after new figures showed unemployment rising and pay growth slowing, economists say.
City bets on a Bank of England rate cut inched higher after data showed that the UK jobs market continues to weaken.   The ...