The Pound Sterling experiences a whipsaw move after BoE Governor Bailey predicted four interest-rate cuts in 2025 as he ...

Stronger inflation and high government spending will limit the Bank of England's freedom to cut interest rates OECD says ...

The Organisation for Economic Co-operation and Development said the global economy would 'remain resilient' over the coming ...

The euro marked time on Wednesday ahead of France's no- confidence vote, while the Australian dollar tumbled to a four-month ...

Rachel Reeves’s Budget is likely to keep inflation and interest rates higher for longer as debt-fuelled growth pushes up ...

Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved ...

The Department for Work and Pensions (DWP) will rollout changes for households this month, as benefits are paid early.

Bank of England (BoE) Governor Andrew Bailey spoke in a pre-recorded interview at the Global Boardroom Digital Conference ...

Though means-testing state pensions has been touted recently, the policy would be unpopular and pose challenges for any ...

He confirmed the correct definition of “gradual” rate cuts the BoE has predicted is roughly a quarter-point reduction every ...

The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget ...

In an interview with the Financial Times, Bailey also said that there is growing uncertainty about the outlook for the U.K.