Borrowing - the shortfall between tax revenues and spending - hit £17.8 billion in December, £10.1 billion up on last year ...
Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.
But given the BoE's messaging, a complete halt is unlikely. What's more probable is that the bank could decide to slow the pace of divestment, mimicking the Fed's passive approach – i.e., not ...
Sterling was stronger against the dollar and could recover if the U.K. Treasury Chief considered revising her fiscal plans, Monex Europe said, adding that there was only a low bar to meet to support ...
Britain’s first woman Chancellor delivers the same old fudge, as Labour’s commitment to economic orthodoxy, seen throughout ...
That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court ...
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...
Storm Eowyn will reverse a trend of rising wholesale energy costs caused by a lack of windy weather. Also in the Money blog today: TV chef Andi Oliver shares cooking tips, hospitality woes and the ...