Banknotes featuring King Charles will be issued for the first time on 5 June, prompting the Bank of England to warn businesses that they need…
View More First UK banknotes featuring Charles III to be released on 5 JuneTag: Bank of England
UK pay growth slows less than expected as workers bid up wages
Pay growth slowed less than expected in December, prompting predictions the Bank of England could start cutting interest rates later than previously expected. Earnings growth,…
View More UK pay growth slows less than expected as workers bid up wagesUK’s credit unions face uncertain future amid cost of living crisis
When 27-year-old Basil Lewis left the picturesque parish of Clarendon, Jamaica, famed for its spa, to start a new life in London in 1954, he…
View More UK’s credit unions face uncertain future amid cost of living crisisBank of England sticks with 5.25% interest rate but hints at coming cut
The Bank of England has dropped the broadest possible hint that the next move in interest rates will be downwards after forecasting inflation will fall…
View More Bank of England sticks with 5.25% interest rate but hints at coming cutBank of England may cut interest rate sooner after surprise inflation forecast
The Bank of England may be forced to bring forward the date of its first interest rate cut after three leading forecasters issued a surprise…
View More Bank of England may cut interest rate sooner after surprise inflation forecastUK house prices rise again but Halifax forecasts up to 4% drop in 2024
UK house prices rose for a third consecutive month in December amid a shortage of properties on the market, but are forecast to drop this…
View More UK house prices rise again but Halifax forecasts up to 4% drop in 2024UK savers urged to act quickly for highest-paying fixed-rate accounts
If Christmas hasn’t cleaned you out financially, now could be the last chance to grab one of the UK’s highest-paying fixed-rate savings accounts. With the…
View More UK savers urged to act quickly for highest-paying fixed-rate accountsWhat does the surprise drop in UK inflation mean for you?
The UK’s inflation rate fell to 3.9% in November – a larger drop than economists had anticipated. What does the inflation rate mean? The monthly…
View More What does the surprise drop in UK inflation mean for you?UK inflation in unexpectedly steep fall to 3.9% amid lower bread and fuel prices
Britain’s two-year cost of living crisis eased last month as cheaper petrol and less expensive food helped send the annual inflation rate sharply lower to…
View More UK inflation in unexpectedly steep fall to 3.9% amid lower bread and fuel pricesUK inflation expected to fall to 6.5% in September
Headline inflation eased again in September, official figures are expected to show this week, while pay growth is slowing. Economists polled by Refinitiv expect the…
View More UK inflation expected to fall to 6.5% in September