Just like the Federal Reserve, policymakers across the Atlantic are in wait-and-see mode.
2 min read5 Feb 2026In April, yuan trading against the US dollar surged 42% in London, reaching $182.6 billion. This increase reflects a broader trend amidst global market volatility, boosting China's efforts to enhance the yuan's global presence, even as concerns about the dollar's reserve status persist.
1 min read24 Jul 2025The 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 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 2024The 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 2024A 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 2024BRITAIN-ECONOMY/INFLATION:UK shop prices dip for first time in nearly 3 years, survey shows
1 min read27 Aug 2024Britons 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 2024The auctions saw banknotes originally worth ₹84.3 lakh generate over 11 times their face value for charity.
1 min read13 Aug 2024Andrew Bailey takes a calculated risk
3 min read6 Aug 2024