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BoE

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2 days ago

UK economy shrinks for second month running in May – business live

UK GDP falls by 0.1% in May, following 0.3% fall in April.

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Economists are rushing to react to th…

4 days ago

Bank of England says UK banks can increase riskier mortgage lending – business live

Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loans

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24 days ago

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53 days ago

Brits battered by soaring prices in 'awful April': Inflation surges to 3.5% - far higher than expected - in huge blow to Reeves as BoE warns on interest rate cuts

Cabinet minister Steve Reed acknowledged the rise in inflation was 'disappointing' - while Shadow chancellor Sir Mel Stride blamed Rachel Reeves for the hike in inflation.

60 days ago

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