The Bank of England (BoE) held interest rates unchanged at 4.5% on Thursday, following a similar move by the U.S. central bank a day earlier…
Posts tagged as “uk economy”
British finance chief Rachel Reeves said Sunday she plans to cut the costs of running government by 15% within four years while also announcing 10,000…
Prime Minister Keir Starmer said on Tuesday that he would have to make unpopular decisions, suggesting the possibility of “painful” taxes on the wealthy and…
Inflation in the U.K. held steady in June after returning to the Bank of England’s (BoE) target the previous month, official data showed Wednesday, confounding…
The U.K. economy expanded faster than anticipated in May, giving Prime Minister Keir Starmer’s new administration some impetus but also raising questions about the likelihood…
Keir Starmer, Britain’s new prime minister, criticized Rishi Sunak’s Conservatives throughout the election campaign for “14 years of economic failure.” However, he faces a challenging…
The Bank of England (BoE) on Thursday held its key interest rate at a 16-year high of 5.25% ahead of a July 4 election, even…
The British government’s plans to have 1.5 million new homes built by 2029 to help boosting economic growth appear to be challenged by a pressing…
Inflation in the United Kingdom cooled to its lowest level in nearly three years in April, driven by big declines in domestic bills, official figures…
Hit TV romance series “Bridgerton” has boosted the U.K. economy by 275 million pounds ($350.7 million) over the course of five years, Netflix has claimed.…