Browsing: interest rates

The Bank of England has made a significant move, lowering interest rates from 5.25% to 5%, marking the first cut…

In a pivotal move aimed at alleviating the financial burden on households, the Bank of England’s Monetary Policy Committee (MPC)…

The UK government is grappling with nearly £45bn in losses from the Bank of England, driven by rising interest rates…

The share prices of major UK housebuilders surged following Labour’s significant victory in the general election.Builders like Vistry, Persimmon, Taylor…

The United States’ labour market added 206,000 jobs in June, a figure that aligns closely with economists’ expectations and marks…

A recent survey has uncovered that a staggering 23 million people in Britain exhibit low levels of financial literacy. This…

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…

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…