text

UK firms plan biggest pay rises since 2008, boosting rate hike case

Britishworkersareinlinefortheirbiggestpayrisessince2008thisyearasahigherminimumwagekicksin,accordingtoaBankofEnglandsurveythatislikelytofuelconcernsamongitspoli

text

Bank of England raises bank rate for first time since financial crisis

TheBankofEngland(BoE)hasraisedBritishinterestratesforthefirsttimein10years.The25-basispointriseannouncedonThursdaytooktheratefromarecordlowof0.25percentto0.5per

text

Bank of England weighs up future without Brexit

TheBankofEnglandmustdecidehowforcefullytotalkabouttheprospectofafirstinterestrateriseinadecadeonThursdaywhenitwillweighuptheneedtohelpBritain’sBrexit-boundecono

text

UK firms curtail investment plans, consumer slowdown deepens

The chances of Britain's economy picking up steam diminished further on Monday as surveys showed major companies have curtailed their investment plans and that consumers spent less on their credit cards.

text

Bank of England readies new blast of stimulus for post-Brexit Britain

​Hailed by investors as a weapon to fight off recession but slammed by critics for fuelling inequality, quantitative easing looks set for a comeback in Britain as the Bank of England tries to shield the economy from the fallout of Brexit.