Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Starmer to look at report on legality of Drax power station subsidies
The Government has previously faced calls to end financial support for companies such as Drax which generate electricity from ...
Sterling edges down, UK's Reeves outlines growth plans
The pound fell against the dollar on Wednesday, while British finance minister Rachel Reeves outlined plans for growth, and ...
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
Weekly U.K. Gilt Yield And Pound Sterling Simulation, Jan. 24, 2025: Most Likely Range For Short Rate In 10 Years Up One Percentage Point
Pricing for short- and long-dated European and American options to buy Pounds vs. U.S. dollars at a strike price of 1.2500 for quarterly maturities out to 20 years is shown below. Note that the data ...
Bank of England Launches Tool to Calm Gilt Market in Times of Distress
LONDON (Reuters) -The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can ...
EXCLUSIVE: British Fashion Council Secures Fresh Government Funds for London Fashion Week
The U.K. Government department for Culture, Media and Sport, which backs the BFC Newgen program, has committed an additional ...
Stumbling Growth and Stubborn Inflation: the BoE's Rate Cut Challenge
Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle ...