British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.
Tag: Bank of England
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
Collectors Line Up in London as King Charles Bank Notes Are Released
A steady stream of people lined up at the Bank of England on Wednesday to get what they hoped would be collector’s items: the first bank notes featuring the portrait of King Charles III.
U.K. Inflation Falls to 2.3%, Lowest in 3 Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
UK Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
Britain Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
As the economy cools, pressure is building on the Bank of England to cut interest rates.
Bank of England Will Overhaul Its Forecasting After Inflation Surprises
The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.