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UNCOVERED: 40 | History Defined

Bank of England plans sevenfold expansion of Leeds operation

One in 10 officials to be based in city within three years and 70-strong team will increase to 500

The Guardian - UK

UK firms accused of profiteering as study finds margins rose 30% post-pandemic

Unite union study of 17,000 firms shows sectors from energy to banking, and vets to car dealerships, profited from inflation crisis

The Guardian - UK

Jacob Rees-Mogg accuses Bank of England of ‘miserable incompetence’ over inflation

MP criticises policies on interest rates and bond-selling as Tory rightwingers call for review of Bank’s independence

The Guardian - UK

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Latest GDP figures offer some better news – but boom-boom Britain it ain’t

While the government will seize on any crumbs of comfort it can find, the bigger picture on growth tells a different story

The Guardian - UK

UK Economy Exits Recession Ahead Of Election

Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.

International Business Times

British Economy Bounces Back Strongly, Ending Technical Recession

British economy shows strong growth in Q1, ending a technical recession. Interest rates may decrease to boost growth.

Top News

OPINION - A summer interest rate cut would be good news – for an incoming Labour government

British political junkies will effortlessly reel off the names of all nine US Supreme Court justices, but their minds go mysteriously blank if you ask them to identify a single member of the Bank of England's nine-strong Monetary Policy Committee (MPC). And frankly, this newsletter has had enough of the…

Evening Standard

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Bank Of England Hints At Possible Interest Rate Cut

Bank of England maintains UK interest rate at 5.25%, hints at possible reduction in June. Inflation outlook positive, with potential for rate cut to aid ec...

Top News

FTSE 100 Live 09 May: Bank of England interest rate decision looms, blue-chips hold firm at record

The outlook for a summer interest rate cut should become clearer today when the Bank of England publishes its latest economic forecasts.

Evening Standard

Bank of England says it could lower interest rates more than expected, but June cut isn’t ‘fait accompli’ – as it happened

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split

The Guardian - UK

Bank Of England To Test Rate Cut Assumptions

Bank of England testing negative interest rates to assess impact on UK economy amidst COVID-19 challenges.

Top News

Bank Of England Set To Hold Rate At 16-year High

The Bank of England was set Thursday to keep its main interest rate at a 16-year high, resisting a cut as UK inflation cools at a slower pace than forecast.

International Business Times

Bank Of England Nearing First Rate Cut Since 2020

Bank of England considers interest rate cut amidst economic challenges and inflation concerns.

Top News

When will the Bank of England cut interest rates? My money's on June

City Comment: City markets look to be too bearish on the hope of summer interest rate cuts

Evening Standard

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The Guardian - UK

If Tory hopes rest on the UK economy, they could go the way of the monasteries

Three key economic indicators loom large but none offer great hope for the Conservatives’ survival

Evening Standard

Santander raises mortgage rates for second time in four days

Lenders have been increasing mortgage rates again as the bank of England’s first interest rate cut appears further away than previously hoped

The Guardian - UK

Eurozone exits recession as ‘big four’ economies beat forecasts

France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts

The Guardian - UK

UK consumers feeling more confident about finances, says NatWest boss

For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds

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Top News

Boe Navigates Mid-Ocean Policy Challenges

Explore the challenges faced by the Bank of England in navigating global economic uncertainties and shaping monetary policies.

The Guardian - UK

UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures

Bank of England executive says creeping sense of complacency and lack of data is putting lenders at risk

Evening Standard

Fall in inflation doesn't mean we should cut interest rates, Bank of England's Pill says

Pill also said it would be better for the Bank of England to cut interest rates too late than too early

Evening Standard

Summer interest rate cut hopes power FTSE to record high

Markets currently rate the chance of a Bank of England interest rate cut in June as about 50-50

Top News

The Royal Family: New Banknotes Featuring The King's Image

Witness the historic moment as The King's image graces new banknotes unveiled by The Bank of England, blending tradition and modernity in British currency ...

The Guardian - UK

FTSE 100 hits record closing high amid hopes of interest rate cuts

UK’s blue-chip index ended trading at 8,023, its highest close ever, as pound falls against dollar

The Guardian - UK

FTSE 100 hits record closing high amid hopes of interest rates cuts – as it happened

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