UK employers cut growth forecasts as tax hikes weigh on economy LONDON: One of Britain’s leading employers’ groups on Friday cut its estimate for economic growth next year due to... Published 06 Dec, 2024 11:38am
Markets Bank of England readies what may be its final rate hike LONDON: The Bank of England is likely to hike interest rates once again this week, possibly the last hurrah for one... Published 17 Sep, 2023 12:49pm
Markets Bank of England to add 50 bps to Bank Rate on Dec. 15; peak at 4.25% in Q2 LONDON: The Bank of England will add another 50 basis points to Bank Rate next week and take borrowing costs to... Published 08 Dec, 2022 11:35am
Business & Finance BoE raises rates by most since 1995 even as long recession looms LONDON: The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long... Published 05 Aug, 2022 06:27am
Markets BoE’s Saunders says neutral rate might be in 1.25-2.5% range LONDON: Bank of England policymaker Michael Saunders said the neutral rate of interest - the level at which it... Published 09 May, 2022 07:36pm