UK banks no longer too big to fail, says BoE
The Bank of England is satisfied lenders have taken steps to ensure they are no longer "too big to fail" in any future crisis, it...
Bank of England set to raise rates again as inflation heads for 10%
The Bank of England looks set to raise interest rates next week for the fifth time since December, its steepest run of rate hikes in...
UK house prices surge again but slowdown coming, Nationwide says
British house prices surged again last month but a slowdown, caused by the worsening cost-of-living crunch, is likely on the way, mortgage lender Nationwide said...
UK manufacturing growth hits 16-month low in May -PMI
British manufacturing activity expanded in May at the weakest rate since January 2021, as producers of consumer goods struggled against a worsening cost-of-living crunch, a...
UK inflation expectations stick at high levels – Citi/YouGov
The British public's expectations for inflation have held stable this month but at high levels that are likely to keep the Bank of England on...
Bank of England tells banks to take climate action now or face profit hit
Banks and insurers that fail to manage climate risks as a "first-order" issue could face a 10% to 15% hit to annual profits and higher...
UK cost of living crisis to peak later this year, BoE to press on with rate rises: Reuters poll
Britain's worst cost of living crisis in three decades won't peak until the tail end of this year but the Bank of England will be...
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...