FTSE 100 rises on Avast boost, banks up ahead of BoE meeting LONDON: Britain’s main stock indexes closed higher on Wednesday as Avast surged after it won regulatory approval... Published 04 Aug, 2022 05:43am
Business & Finance Sterling loses steam LONDON: The British pound weakened against the dollar on Tuesday as traders turned to safe-haven currencies amid... Published 03 Aug, 2022 04:55am
Business & Finance BoE torn over whether to join big rate hike club LONDON: The Bank of England must decide next week whether to join the ranks of central banks rushing out their... Published 26 Jul, 2022 04:31am
Business & Finance Sterling edges up LONDON: Sterling rose on slightly on Thursday, recouping losses earlier in the day after the Bank of England (BoE)... Published 17 Jun, 2022 06:37am
Business & Finance UK banks face financial hit over climate inaction LONDON: UK banks and insurers face big hits to profits unless they take immediate action over their exposure to... Published 25 May, 2022 04:40am
Business & Finance UK banks face financial hit over climate inaction: BoE LONDON: UK banks and insurers face big hits to profits unless they take immediate action over their exposure to... Published 24 May, 2022 06:27pm
Business & Finance Sterling set for its biggest weekly rise since Dec 2020 vs dollar LONDON: Sterling was set for its biggest weekly gain since December 2020 against a weakening dollar as the latest... Published 23 May, 2022 06:15am
Business & Finance Sterling edges back towards June 2020 low LONDON: The British pound edged lower on Tuesday, heading back towards its lowest level in nearly two years on signs... Published 11 May, 2022 04:58am
Markets BoE’s Saunders says neutral rate might be in 1.25-2.5% range LONDON: Bank of England policymaker Michael Saunders said the neutral rate of interest - the level at which it... Published 09 May, 2022 07:36pm
Markets BoE’s Pill says UK must accept income hit from high inflation LONDON: People and businesses in Britain need to realise they are unlikely to recover the income lost to high... Published 06 May, 2022 08:10pm
Markets Dollar bounces, sterling tumbles on dovish BoE NEW YORK: The dollar rebounded on Thursday but held below 20-year highs reached last week, a day after the Federal... Published 05 May, 2022 09:31pm
Business & Finance Bank of England raises rates to 1% despite looming recession risk LONDON: The Bank of England raised interest rates to their highest since 2009 at 1% on Thursday to counter inflation... Published 05 May, 2022 06:05pm
Markets BoE’s Broadbent sees value in forward guidance as long as it’s clear LONDON: Bank of England Deputy Governor Ben Broadbent said on Wednesday that central bank policymakers should... Published 30 Mar, 2022 02:12pm
Business & Finance BoE agrees third straight rate hike as inflation soars LONDON: The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level, the third increase... Published 17 Mar, 2022 06:00pm
Opinion BoE’s Bailey heads into tough third year with criticisms ringing Andrew Bailey is leading the Bank of England into one of its most complex challenges in decades while facing... Published 16 Mar, 2022 05:40am
Business & Finance Sterling rises vs euro LONDON: Sterling rose on Tuesday against the euro and fell versus a strengthening dollar as investors awaited... Published 02 Mar, 2022 04:35am
Print BoE reviews staff financial rules after Fed ethics scandal LONDON: The Bank of England is conducting an internal review into its policy on officials’ personal financial... Published 24 Feb, 2022 06:34am
World UK inflation climbs to highest since 1992 at 5.5% LONDON: British consumer prices rose at the fastest annual pace in nearly 30 years last month, intensifying the... Updated 16 Feb, 2022 03:29pm
Markets European shares end at one-week low as tech resumes its descent European shares closed at a one-week low on Tuesday, with tech stocks losing the most as a rise in short-term U.S.... Published 18 Jan, 2022 10:38pm
Business & Finance BoE to get more powers over clearing and settlement LONDON: The Bank of England will get more powers to set direct requirements for clearing and settlement houses as... Published 18 Jan, 2022 04:20am
Business & Finance Sterling steadies near 23-month high versus euro LONDON: Sterling rose on Tuesday to touch a pre-pandemic high versus the euro, supported by expectations that the... Published 12 Jan, 2022 04:25am
Business & Finance Pound loses post BOE-glow on Omicron fears LONDON: The British pound fell to a three-day low on Monday, struggling to hold above $1.32 against the dollar as a... Published 21 Dec, 2021 04:14am
Markets Sterling erases post-BoE gains as Omicron weighs LONDON: The British pound slipped to a three-day low on Monday, nearing $1.32 versus the greenback as a broad... Published 20 Dec, 2021 01:36pm
Markets ECB 'increasingly likely' to hit 2% inflation goal FRANKFURT: The European Central Bank is "increasingly likely" to achieve its goal of stabilising euro zone inflation... Published 17 Dec, 2021 08:24pm
Markets IMF warns Bank of England against inaction on inflation LONDON: The International Monetary Fund warned the Bank of England on Tuesday to avoid an 'inaction bias' in its... Published 14 Dec, 2021 04:57pm
Business & Finance BoE warns UK inflation to top 5% on energy costs LONDON: British inflation will "comfortably" top five percent in April due to rocketing energy prices, well above ... Updated 06 Dec, 2021 07:31pm
Markets Bank of England should be vigilant on labour costs LONDON: The Bank of England needs to be vigilant about rising labour costs as a tight job market means wages might... Published 23 Nov, 2021 05:00pm
Markets Sterling jumps as inflation backs BoE rate hike bets LONDON: The pound climbed to a one-week high versus the US dollar and a 21-month peak against the euro on Wednesday... Published 17 Nov, 2021 06:08pm
Business & Finance Pound recoups some post-BOE losses LONDON: The pound rose on Monday off five-week lows touched last week against the dollar and euro, clawing back some... Published 09 Nov, 2021 04:48am
Markets Dollar firms as US inflation poses next test SYDNEY: The dollar made a steady start to the week in Asia on Monday but stayed below Friday peaks, as currency... Published 08 Nov, 2021 10:39am
