At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

The backlash against US President Donald Trump's planned steel import tariffs has grown - with the EU threatening to ...

AI’s capabilities are advancing at “breath-taking speed” and the technology is now poised to have a “seismic impact” on ...

Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking ...

The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...

The UK gross domestic product (GDP) is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts. It had ...

Donald Trump has said he will slap 25 per cent tariffs on all steel imports to the US, despite earlier indications the UK may ...

Spain attracted one of the highest numbers of international tourists last year, and its economic growth has left the UK and ...

The EY ITEM Club expects UK gross domestic product (GDP) to grow by 1% in 2025, down from a previous estimate of 1.5%. The ...

The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for ...

New work for firms in the all-important services declined for the first time in over a year, pointing to the bleak outlook ...