Dovish BoE dents buoyant sterling but soothes battered gilts
A dovish message from the Bank of England on Thursday dented the outlook for sterling, one of the year’s best performing major currencies against the dollar, while bringing a ...
Bank of England to keep rates steady as price pressures linger
The Bank of England looks set to hold interest rates at 4.75 per cent on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a “gradual” ...
UK inflation hits 8-month high but underlying pressures steady
British inflation hit an eight-month high in November, but the rise in services prices – watched closely by the Bank of England as an underlying measure of inflationary pressures – held steady, ...
Teenager has not guilty pleas entered over murders that horrified England
A British teenager on Wednesday had not guilty pleas entered on his behalf to charges of murdering three young girls in a knife attack in northern England in July, a ...
Britain eyes capital markets revival via private shares platform
The Financial Conduct Authority has outlined proposals for a new platform to enable trading in shares of privately-owned firms under plans to invigorate Britain’s lacklustre capital markets and encourage ...
Father and stepmother jailed for girl’s murder after UK trial
The father and stepmother of Sara Sharif, a 10-year-old girl who was found dead in her home in Britain, were on Tuesday jailed for 40 and 33 years respectively for her murder ...
UK pay growth speeds up, adding to worries for Bank of England
British pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in bets on Bank of England interest ...
UK firms cut staffing by most since 2021 as budget bites
British businesses this month cut staff numbers at the fastest pace in almost four years, raised prices and turned more pessimistic about the outlook, placing much of the blame on ...
Britain sets first codes of practice for tech firms in online safety regime
Britain’s online safety regime came into force on Monday, requiring social media companies like Meta’s (META.O) Facebook and ByteDance’s TikTok to take action to tackle criminal ...
Ertugruloglu: It is good that Starmer did not visit north
The fact that British Prime Minister Sir Keir Starmer did not visit the north during his trip to Cyprus last week is a good thing, the north’s ‘foreign minister’ ...
Church of England’s incoming interim head under pressure over handling of sexual abuse case
A Church of England bishop on Monday urged its incoming interim leader to quit over his handling of a sexual abuse case, only weeks after his predecessor was forced to ...
Britain joins trans-Pacific pact in biggest post-Brexit trade deal
Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada on Sunday as it seeks to deepen ties in the region and build ...
Bank of England set to stay in central bank slow lane and keep rates on hold
The Bank of England looks set to keep interest rates on hold this week as it moves more slowly to cut borrowing costs than central banks in Europe and the ...
UK benefits: AI use has brought bias and hunger
Iris Lim, SOAS, University of London
A freedom of information request has revealed that an AI system used by the UK government for assessing benefits cases is apparently getting it ...
UK housing market strengthens, but rate hikes loom
Britain’s housing market strengthened further in November although uncertainty over the economic outlook could curtail activity in the months ahead, according to a survey on Thursday from the Royal ...
FCA proposes free, targeted pension support
Britain’s Financial Conduct Authority is promising millions of people help with their pensions under new proposals that include offering access to free, targeted support to allow consumers to make ...
UK targets 1.5 million new homes in five years
Britain on Thursday outlined details of an overhaul to its planning system to help boost growth and hit a target of 1.5 million new homes in the next five years, including ...
Steak or a sandwich for lunch? Britain’s PM, opposition leader at odds
Britain’s prime minister and leader of the main opposition party spar almost daily on everything from immigration, taxation to spending, but on Thursday, the two battled over a new ...
Britain considers new courts to deal with record-high backlog, prison crisis
Britain will consider adding a new intermediate tier to its court system, the justice ministry said on Thursday, as the government scrambles to deal with a record-high backlog of cases ...
Large UK insurers to report daily cash positions during crises under new proposals
Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed by the Prudential Regulation Authority, after it identified information gaps during ...
Father and stepmother convicted of girl’s brutal murder after UK trial
The father and stepmother of Sara Sharif, a 10-year-old girl who was found dead in her home in Britain, were on Wednesday convicted of her murder after a trial which ...
Tractors block central London streets as farmers protest at tax change
Hundreds of tractors blocked streets in central London on Wednesday, the latest protest by farmers against the government after it ended an exemption from inheritance tax for agricultural families.
The ...
UK job vacancies plunge 23 per cent as economy stutters
Job vacancies have dried up faster in the United Kingdom than in other similar countries over the past year, recruitment platform Indeed said on Tuesday, adding to signs of a ...
UK grocery inflation increases for third month in November
British shoppers faced increased pressure on their budgets in November after grocery price inflation edged higher for the third month in a row, industry data showed on Tuesday.
Market researcher ...