The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.
Fears over a recession could see the Bank of England cut interest rates five or six times this year, according to one of its own experts. Alan Taylor, an external member of the Bank's Monetary Policy ...
Alan Taylor, a member of the Bank's monetary policy committee, said the UK is 'in the last half mile on inflation' ...
Trump’s proposed tariffs on Canadian imports could raise costs, disrupt supply chains, and reshape trade. Experts discuss the ...
A recent Bank of England survey showed an uptick in mortgage requests in the last months of 2024, but projections point to a ...
On Thursday, Carney is expected to announce he will run to succeed Justin Trudeau as leader of the Liberal Party Canada, a contest that could elevate him within weeks to the post of prime minister — ...
The Bank of England kept interest rates unchanged in its December meeting. However, three monetary policy committee members ...
Sterling dropped sharply against the yen and also weakened versus the dollar and the euro on Thursday as investors focused on ...
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Weaker-than-expected growth could lead to lower tax revenues, and make it more difficult to reduce government debt. The OBR expects the government's net debt to be around 98% of annual economic output ...
Breaking down 28 different external options for Pittsburgh Steelers Mike Tomlin and Omar Khan to explore in the 2025 ...