Data released on Wednesday by the Office for National Statistics (ONS) showed that the...
Bank of England to Maintain Interest Rates Steady amid Lingering Global Uncertainties
A recent Reuters survey of 61 economists predicted the BoE would hold its benchmark...
UK Economy Faces Surprise Dip in January amid Production Sector Woes
The United Kingdom's economy saw an unexpected contraction of 0.1% in January on a...
U.K. Inflation in January Rises to 3%, Exceeding Expectations
According to the Office for National Statistics (ONS), annual inflation in the U.K. rose...
U.K. Economic Growth Beats Expectations, Expanding by 0.1% in 4Q24
Based on preliminary data from the Office for National Statistics (ONS), the U.K. economy...
Bank of England Lowers Interest Rate to 4.50% amid Inflation Concerns
The Bank of England has trimmed its benchmark interest rate by 25 basis points...