Pay growth momentum slowing among UK employers, survey shows
British employers expect to raise staff pay by 3%, a big increase by normal standards but far below the current rate of inflation, and there...
UK names LSE academic Dhingra to BoE rate-setting committee
Swati Dhingra, an associate professor at the London School of Economics, will join the Bank of England's Monetary Policy Committee in August after the term...
London stocks slide as China growth concerns dent global risk appetite
UK shares ended lower on Monday, as tightening lockdowns in China added to investors' concerns about a recession amid the Bank of England's dour economic...
UK construction sector suffers April slowdown on higher costs
Britain's construction sector in April had its slowest month since January, hit by rising costs and higher interest rates to finance new projects, a survey...
BoE’s Pill says UK must accept income hit from high inflation
People and businesses in Britain need to realise they are unlikely to recover the income lost to high inflation any time soon, the Bank of...
BoE flags risk of recession and 10% inflation as it raises rates again
The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates...
UK consumer borrowing surge hints at cost-of-living crunch
British consumers increased borrowing by the most in three years over February and March, according to data that would typically be a sign of solid...
Bank of England to focus on financial resilience to climate change, says policymaker
The rise in demand for coal following Russia's invasion of Ukraine is a setback to reaching a net-zero economy by 2050 but will also help...
Bank of England sketches out lighter regime for small banks
Banks in Britain with no more than 15 billion pounds ($19 billion) in assets could benefit from lighter capital requirements given they would pose less...
Bank of England tells banks to speed up recovery from outages
Britain's banks must speed up their recovery from outages which disrupt service for customers to avoid undermining public confidence in the financial sector, the Bank...