Browsing: Bank of England

The UK housing market is anticipated to experience a buoyant autumn. This shift is largely driven by potential interest rate…

KPMG has significantly upgraded the United Kingdom’s GDP growth forecast for 2024 to 0.5%, a marked increase from its previous…

The Bank of England has issued a warning about the potential economic impact of rising interest rates on private equity-backed…

In a significant move, HSBC has announced reductions in its mortgage rates, aligning with similar actions taken by Barclays and…

Government borrowing in the UK surged to £15bn in May, marking the highest level since the Covid crisis. This figure,…

Retail sales volumes in May increased by 2.9%, exceeding expectations. This surge was driven by improved weather and higher disposable…

The Bank of England has dropped significant hints about a potential interest rate cut in August after holding rates steady…

HSBC’s economic team has raised concerns over Labour’s proposed ‘New Deal for Working People.’Raising the minimum wage to align with…

The recent increase in the minimum wage has had significant implications on summer job hiring, affecting several key sectors. New…

UK wage growth continues to maintain its strength, complicating prospects for a potential interest rate reduction. Official data from the…