The buying interest around the USD remained unabated, slamming the GBP/USD pair to the lowest level since July at 1.2630. The ...

British inflation peaked above 11% two years ago after the outbreak of the Ukraine war, the highest among the world's big ...

According to the money markets this morning, there’s only a 17.5% chance of a UK interest rate cut in December, and an 82.5% ...

Images. The pound to euro exchange rate surged to 1.2103 on Monday amidst a frantic sell-off in the euro, but it has since ...

High energy prices may push up inflation and slow pace of rate cuts, Monetary Policy Committee member Catherine Mann warned.

Images. The pound to euro exchange rate surged to 1.2103 on Monday amidst a frantic sell-off in the euro, but it has since ...

London’s main stock index slid to its lowest closing price for three months this afternoon amid a global sell-off. Top mining ...

Also weighing on sentiment, Bank of England Chief Economist Huw Pill stated that the labor market data indicated inflation ...

The FTSE 100 index slumped 99.42 points, 1.2%, at 8,025.77. The FTSE 250 closed down 295.73 points, 1.4%, at 20,427.80. The AIM All-Share fell 7.07 points, 1.0%, at 730.86.

Bank of England chief economist Huw Pill has said the pressures caused by UK wage growth remains high, potentially challenging efforts to bring inflation sustainably down to the central bank's 2% ...

Also denting sentiment, Bank of England Chief Economist Huw Pill said that the labour market data showed inflation pressures remained too high for the BoE’s 2% target.