A Bank of England policymaker has urged for three additional interest rate cuts in 2025, warning that the inflation outlook ...

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold ...

The Prime Minister faced MPs after being forced to scrap key planks of his welfare reforms, leaving an almost £5 billion ...

WASHINGTON—Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate ...

Pound Sterling stays under heavy selling pressure on Wednesday as markets assess the latest political developments in the UK. At the time of press, GBP/JPY was trading at its lowest level in two weeks ...

Bank of England policymaker Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest ...

Unemployment rose to 6.3% in the 20-nation currency area, up from 6.2% in April, the European Union's statistics agency Eurostat said Wednesday. A consensus of economists polled by The Wall Street ...

A savings expert has issued a warning that some Premium Bonds savers will be more affected than others by an future decrease ...

However, there are several fixed rates available for under 4 per cent although they are reserved for people with the biggest ...

Taylor said the expected slump in demand due to a higher global average tariff rate should drive officials to vote for ...

Nationwide, Santander and Barclays are among a number of lenders to have cut prices and experts say this could be a signal of ...

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.