The BoE cut interest rates to 4.5% from 4.75% and warned of “stagflation” amid looming recession woes in the U.K. PM Keir Starmer claims the ...

He stressed his comments were not a "pitch for the necessity and inevitability of more regulation," but insisted that there was no "fundamental trade off" between growth and financial stability.

Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...

The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...

The EUR/GBP pair rises to near 0.8333 in Thursday’s European session. The cross gains as the Pound Sterling (GBP) weakens ...

The Bank of England (BoE) governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as chancellor Rachel Reeves set out plans to kick start the economy but warned ...

Bank of England Governor Andrew Bailey said that “very big decisions” will be needed to stop Britain’s public debt pile spiraling higher, as he gave his backing to the government’s efforts ...

LONDON (Reuters) - Banks in Britain say they will want to hold 400 billion to 500 billion pounds ($496-$620 billion) of reserves with the Bank of England as it reduces the size of its balance sheet, ...

LONDON, Jan 29 (Reuters) - Banks in Britain say they will want to hold 400 billion to 500 billion pounds ($496-$620 ... Governor Andrew Bailey said on Wednesday. The BoE is unwinding a vast ...