HSBC has adjusted its Sterling forecasts higher against the U.S. Dollar but lowered them against the Euro in response to recent "seismic shifts".

The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it ...

The Bank of England held interest rates at 4.5% and warned against assumptions that they would be cut over its next few ...

The Bank of England is set to keep U.K. interest rates unchanged Thursday even though the economy is barely growing and set ...

The British economy has been much weaker than that of the U.S., and inflation is still well above the BOE target.

The UK economy shrank unexpectedly in January, in a blow to the government ahead of its Spring Statement later this month.

Julian Jessop, Economics Fellow at the Institute of Economic Affairs, said that while “the underlying trend rate of growth is probably still around 0.2% per quarter…this feeble rate would ...

Still despite a murky economic picture at home, gilts have outperformed European peers, which were pressured by higher German defense spending plans. Meanwhile the FTSE 100 saw a positive end to ...

The UK economy contracted by 0.1% in January, official figures showed in a fresh blow to chancellor Rachel Reeves ahead of the spring statement. The UK’s gross domestic product contracted by 0.1% in ...

March 13 (Reuters) - The Bank of England on Thursday allotted a record 61.146 billion pounds ($79.18 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous ...