Bank of England

British households are set to experience stagnant or declining incomes in 2024, with Chancellor Rachel Reeves banking on improved public…

Britain is grappling with a “hiring recession” following a record £25bn tax increase on National Insurance contributions (NIC) introduced by…

UK businesses are forecasting a sharp downturn in activity for the start of 2025, with a new economic survey painting…

Long-term government borrowing costs in the UK have surged to levels not seen in 26 years, driven by rising inflation…

The Pound Sterling (GBP) edged lower against the US Dollar (USD) on Wednesday, ahead of the Federal Reserve’s policy meeting,…

House prices in the UK surged at their fastest annual rate in two years last month, according to Nationwide’s latest…

Major British banks are increasing their reserves for bad loans, driven by uncertainty surrounding the UK’s flawed labour market data.…

The number of UK mortgage approvals soared to a 26-month peak in October, as homebuyers appeared unfazed by rising taxes…

Buying a home in the UK has become slightly more affordable this year, as average wages have outpaced house prices…

Inflation in the UK rose to 2.3% in October, up from 1.7% in September, according to official data from the…