In response, TUC general secretary Paul Nowak urged a cut in interest rates, saying: “High rents, energy, petrol and water bills mean many workers are struggling to keep their heads above water. “The ...

The dollar wavered as unchanged producer prices in June relieved some of the hawkish pressure on the Fed fueled by yesterday’s CPI report.

Bank of England interest rate-setter Catherine Mann said on Wednesday that strong demand without corresponding supply-side ...

A spike in the bank's noninterest income powered its better-than-expected net income and revenue second-quarter results.

"Personnel is policy," goes the old Washington maxim. Legendary investor Stanley Druckenmiller, who made a billion dollars for the Quantum Fund by breaking the Bank of England in 1992, has discovered ...

LONDON — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official ...

The Bank of England is aiming for Britain's financial system to have an "ample" level of reserves rather than a scarcity or ...

UK Chancellor signals shift from post-crisis regulatory caution as financial services industry welcomes proposed reform at ...

All eyes are on the UK's jobs market as Thursday's upcoming figures are expected to determine the Bank of England's next move ...

Britain’s annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June, official figures showed on Wednesday, slightly dampening expectations for further ...

Rising UK inflation in June was bad news for those with a “hopeful eye” on imminent interest rate cuts, according to industry commentators. UK inflation rose to 3.6% in June, ahead of analyst ...

UK inflation jumped to 3.6% in June, driven by rising transport and food costs, casting doubt on future BoE rate cuts.