Bank of England admits inflation bungle

Andrew Bailey said in 2023 that the central bank had ‘very big lessons to learn’ - Yui Mok/Reuters The Bank of England has ...

FTSE 100 Closes Flat Amid Upturn in UK Retail Sales, Private Sector Output

London's FTSE 100 was little changed on Friday, closing 0.07% lower as fresh economic and private sector data releases hit the market. Retail sales in the UK edged up 0.4% month over month in December ...

Bank of England's Greene worries about excess pay growth in 2026, Fed outlook

By David Milliken LONDON, Jan 23 (Reuters) - Bank of England policymaker Megan Greene said on Friday she remained concerned ...

Pound Poised for Strongest Weekly Gain Against Dollar Since August

The British pound was last 0.2% higher at $1.3525 and set for its biggest weekly jump since August with a rise of just over 1%. The euro was down 0.36% at 86.73 pence.

Divergence Between Fed and BOE Would Push Up U.K. Inflation, BOE's Greene Says — 2nd Update

President Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being "too late ...

We All Benefit from an Independent Federal Reserve

To many, the fight between President Donald Trump and the Federal Reserve Chair Jerome Powell may seem just one of the many ...
Financial Reporter

Looser Fed policy stance could slow further rate cuts, policymakers warn

How will the Monetary Policy Committee (MPC) respond if US policy becomes significantly looser than UK policy?

Divergence Between Fed and BOE Would Push Up U.K. Inflation, BOE’s Greene Says

Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late.

Bank of England's Greene says she is still worried about inflation pressures

Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ...

UK Consumer Morale Inches up Despite Economic Worries, GfK Says

Britain's longest-running monthly survey of consumer morale was last in positive territory 10 years ago, GfK said, ‌in the ...

UK consumer confidence marks 10 years without a positive reading

UK consumer confidence has been negative or flat for 10 years, underlining the impact of the Covid-19 pandemic, political upheaval and the cost of living crisis on Britons’ morale, according to a ...