Thu, Aug 01, 2024
Economists are divided as to whether the Bank of England, which is independent of government, will cut its main interest rate by a quarter-point from the current 16-year high of 5.25%, or hold off until September.
More >
Thu, May 09, 2024
Like the U.S. Federal Reserve last week, which also kept rates, on hold, the majority on the panel wanted to see more evidence that inflation is under control.
Wed, Sep 20, 2023
Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia's invasion of Ukraine, which led to sharp rises in energy and food costs.
Thu, Aug 03, 2023
Bank of England rate hike decision: The Bank of England is set to raise interest rates Thursday for the 14th time in a row to a fresh 15-year high and keep the door open for further increases in the months to come as it tries to tamp down persistently high inflation. Most economists think the UK central bank will increase its benchmark rate by a quarter of a percentage point, to 5.25 per cent.
Thu, Jun 22, 2023
Bank of England interest rate: With today's hike, the Bank of England has raised interest rates for the 13th time in a row. A day earlier, inflation data came in higher than expected.
Thu, May 11, 2023
The Bank of England has raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the UK.
Thu, Feb 02, 2023
Bank of England hikes interest rate for tenth time in row: The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation.
Tue, Dec 20, 2022
The King's image will appear on the front of the banknotes, as well as in cameo in the see-through security window.
Fri, Nov 04, 2022
UK was already in recession which is likely to be the most prolonged since records began.
Thu, Sep 29, 2022
The Bank of England stepped in by offering to buy some of the country's long-term debt as an emergency measure.
Thu, Jul 21, 2022
The Bank of England (BoE) expected inflation to rise above 11 per cent in October.
Wed, Nov 02, 2016
K Sandeep Nayak, ED & CEO- Centrum Broking said, "Reasons we see behind such a move are (a) profit booking given the rise in the Indian equity markets in the last few months (b) reducing exposure in emerging markets before the upcoming US elections and the impending rate hike by the US Fed which is expected by December.
Sun, Sep 04, 2016
The latest infusion in equities follow a four-month high inflow of Rs 12,612 crore in the preceding month, the highest since March when FPIs had pumped in Rs 21,143 crore into the stocks.
Mon, Aug 15, 2016
British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union (EU), a survey showed on Monday.
Asian shares inched back from one-year peaks on Monday after Japanese data showed the world's third largest economy hit an air pocket last quarter, while oil prices held onto their recent gains as markets globally made a slow start to the week.
Fri, Aug 05, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1.Amid mixed global cues SGX Nifty strong
Tue, Jul 05, 2016
The pound, the asset that has borne the brunt of market concerns about the economic impact of the vote, slid as much as 1.3% on Tuesday to hit $1.3112, its lowest since September 1985.
Thu, Jun 23, 2016
Money markets will be volatile. The Bank of England and European Central Bank have contingency plans to deal with a "Brexit shock" to sterling and the euro.
Tue, Jun 14, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4% in early trade, after Wall Street lost ground for the third straight session.
Mon, Jun 13, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.6%, its biggest daily fall since April 5.
Thu, May 12, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2% in early trading, in the wake of the worst day for the US share markets since February, following downbeat quarterly retail reports.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
