Bank of England (BoE) governor Mark Carney said that interest rates will rise in the “relatively near term.” He told the BBC Radio Four’s Today Programme this morning: If the economy continues on the track that it’s been on, and all indications are that it is, in the relatively near term we can expect that interest rates will
UK unemployment fell by 75,000 in the three months to July to the lowest level in 42 years, but workers continue to feel the squeeze as real wages remain stagnant.
The Bank of England’s governor, Mark Carney, believes the UK’s financial sector could double in size to be 20 times as big as GDP within the next 25 years.
Bank of England (BoE) workers are staging a three-day strike from today in a dispute over pay.
British companies increased their marketing budgets in the second quarter despite economic uncertainty resulting from the UK’s decision to leave the European Union (EU), according to a survey out today.
The UK’s inflation rate fell back in June, as many economists had predicted.
Sterling jumped nearly one percent to a three-week high on Wednesday after Mark Carney, governor of the Bank of England (BoE), suggested that interest rates could rise.
The Bank of England’s semi-annual financial stability report, out today, has warned if the UK leaves the European Union without a bespoke trade agreement the consequences would be bad for all involved.
After cancelling the event last week in the wake of the Grenfell Tower disaster, Bank of England (BoE) governor Mark Carney and the UK chancellor Philip Hammond discussed Brexit and interest rates at Mansion House earlier today.
Silvana Tenreyro, 43, was appointed member of the Bank of England’s (BoE) Monetary Policy Committee (MPC) on Monday.
The UK voted to leave the European Union in June 2016 by a majority of 52 percent in what had already become widely known as the Brexit vote.
British chancellor Philip Hammond said this morning fintech is part of the so-called “fourth industrial revolution” at the Treasury’s first International Fintech conference in London.
Germany’s “Mittelstand” of small and medium-sized firms (SMEs) could lose billions of euros if the UK is forced to leave the single market, an industry representative has warned.
The Bank of England’s (BoE) chief operating officer and deputy governor for markets and banking Charlotte Hogg resigned today amid allegations about a possible conflict of interest.