News OTG Editorials
Real wages in the U.K. fell by an annual 3% in the second quarter of 2022, the...
Bank of England
U.K. inflation rose to another 40-year high in July as spiraling food and energy prices continued to...
Feyisayo Ajayi
The yield on two-year British government bonds increased to its highest level since June 21, when it...
In a research note Monday, Saxo Bank’s head of macro analysis, Christopher Dembik, said the U.K. is...
As the central bank tackles rising inflation, such a decision would raise borrowing prices to 1.75 percent....
In February, it ceased reinvesting the profits of maturing gilts from its 875 billion-pound quantitative easing (QE)...
Bailey believes the Bank of England is facing the greatest test in its fight against inflation
1 min read
The Bank of England's independence will be put to the ultimate test as it seeks to bring...
As the economic outlook worsens, BlackRock downgrades developed market equities to underweight
1 min read
The asset manager has reduced its exposure to developed market equities and upgraded its holdings of investment-grade...
The British banks were well-placed to weather even a severe economic downturn, the BoE said, although it...
Britain's vacancy rate is higher than the overall EU average of 2.9, with businesses in no doubt...
Bank of England Governor Mark Bailey opposes the Treasury’s desire to override banking authorities
1 min read
Andrew Bailey, rejects proposals set up by Britain's Treasury to overrule banking regulators, according to Sky News...
Concerns about the recession weigh on London equities on the opening day of the second half
1 min read
Bank of England data showed that British consumers were cautious about their borrowings as inflation accelerates.
The euro was 0.4% firmer at $1.0554 after ECB Chief Economist Philip Lane said the ECB will...
Countries worldwide are battling cost-of-living levels not seen in decades, ratcheted up by the reopening of the...
The benchmark S&P 500 and the tech-heavy Nasdaq have both plunged 6% so far this week, with...
Britain's benchmark rate is now at its highest since January 2009, when borrowing costs were slashed as...
The Monetary Policy Committee voted 6-3 to increase the bank rate by 25 basis points to 1.25...
Its pace of rate rises remains significantly slower than its peers, including the U.S. Federal Reserve and...
The yen fell to a three-and-a-week low against the dollar on Monday as investors continued to worry...
