England News
UK Statistics Failing on Multiple Fronts Pose New Policy Risk
Britain has a data problem that is raising fears of policy mis-steps at a critical juncture for the UK economy.
6 min read8 Dec 2024Bank of England’s Newest Rate-Setter Shows Dovish Leaning
The Bank of England may cut interest rates faster than markets are betting if the economy weakens, according to its newest rate-setter Alan Taylor.
2 min read19 Nov 2024London stocks start week on steady note; Melrose shines
BRITAIN-STOCKS/ (URGENT):London stocks start week on steady note; Melrose shines
1 min read18 Nov 2024Trump Policies Cloud Bank of England’s Path to Future Rate Cuts
The Bank of England is all but assured to cut interest rates by another quarter point this week, but a second US presidential term for Donald Trump has cast new uncertainty over future policy easing in the UK.
4 min read6 Nov 2024A Third of UK Prices Basket Is in Deflation, Analysis Finds
A third of Britain’s official “shopping basket” has slipped into deflation, providing another green light for the Bank of England to cut interest rates.
3 min read6 Nov 2024Pound Drops Most Since 2022 Against Euro as BOE Eyes Faster Cuts
The pound posted the biggest one-day slide against the euro since late 2022 after Governor Andrew Bailey suggested the Bank of England could take a more aggressive approach to lowering interest rates.
2 min read4 Oct 2024BOE’s Greene Says Strong UK Consumer Could Renew Price Pressures
A consumption-driven recovery in the UK could set off a renewed bout of inflation, but more interest rate cuts are likely as prices are “moving in the right direction,” Bank of England policymaker Megan Greene said.
2 min read1 Oct 2024UK shop prices dip for first time in nearly 3 years, survey shows
BRITAIN-ECONOMY/INFLATION:UK shop prices dip for first time in nearly 3 years, survey shows
1 min read27 Aug 2024UK Households More Positive About Their Finances After Rate Cut
Britons are growing increasingly optimistic about their personal finances after the Bank of England cut interest rates this month and signalled more relief is on the way.
1 min read23 Aug 2024Banknotes featuring King Charles fetch ₹10 crore at auction, 11 times its face value
The auctions saw banknotes originally worth ₹84.3 lakh generate over 11 times their face value for charity.
1 min read13 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared