A hack impacting Jaguar Land Rover was so bad that it hurt the U.K.'s GDP, Bank of England says

The hack against Jaguar Land Rover, which began in August, has proven to be the most economically devastating in British ...

Divided Bank of England holds key interest rate at 4% despite hopes inflation has peaked

The Bank of England has kept its main interest rate unchanged at 4% as inflation in the U.K. remains markedly above target ...

Bank of England sees wider QE benefits cushioning big losses

The Bank of England said on Tuesday that wider benefits from its past government bond purchases mostly offset the large ...

British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves

Data released by Britain's Office for National Statistics (ONS) on Tuesday showed that the country's unemployment rate rose ...

Bank Plays Waiting Game Ahead Of Budget

Borrowers Pin Hopes On December Rate Cut The Bank of England today held its benchmark lending rate at 4% as fears persist ...

Boost for savers as Bank of England raises deposit guarantee limit to £110,000

In a major boost for millions of savers, the Bank of England is expected to confirm that the deposit guarantee limit will ...

Bank of England: Reeves tax raid fears hurting growth

The Bank of England has warned that fears over Rachel Reeves’s looming tax raid will weigh on growth well into 2026.
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UK Unemployment Rate Surges, Exceeding Expectations

The UK’s unemployment rate rose to 5.0% from the previous 4.8%, marking a 0.2 percentage point increase. This upward movement indicates a ...