Pound Set for More Losses as BOE Flags Risks to UK Growth
Investors are positioning for more weakness in the pound after the Bank of England’s latest policy decision cemented their ...
UK’s Carbon Capture Strategy Is ‘High Risk,’ Lawmakers Warn
The British government’s reliance on carbon capture to cut emissions is a risky strategy that may heap costs on consumers in ...
Bank of England’s Dire Forecasts Bring Reeves Back to Earth
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to ...
Bank of England Gives Reeves Kind Words and Cruel Forecasts
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to ...
Bank of England’s Dire Forecasts Revive Reeves’ Budget Worries
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to boost UK growth. His deputy, Clare Lombardelli, is also “very supportive.” ...
Bloated public sector is damaging economy, warns Andrew Bailey
Andrew Bailey has warned that dire public sector productivity is dragging down the economy after the Bank of England slashed ...
Bank of England Cuts Rates While Signaling Caution on Path
Bank of England officials decided to cut interest rates to a 19-month low, with two supporting a bumper 50-basis-point cut, ...
AstraZeneca boss denies falling out with Labour despite scrapping £450m factory
The boss of AstraZeneca has denied a rift with the Government after axing plans for a £450m vaccine factory in Liverpool ...
Bank of England halves UK growth forecast in blow to Rachel Reeves
The Bank of England has cut its 2025 growth forecast in half and warned that Rachel Reeves’s record tax raid risks driving ...