Edition:
United Kingdom

Money

Topics also related to Personal Finance:

Few Britons expect Bank of England to raise rates next month - survey

Photo

LONDON Expectations among the British public for higher interest rates in the near future cooled in mid-April, even before comments from Bank of England Governor Mark Carney last week muddied the outlook, a survey showed on Monday.

Photo

Explainer - Will the Bank of England raise rates in May after Carney dampened expectations? 20 Apr 2018

LONDON Bank of England Governor Mark Carney dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year.

Photo

Bank of England rate rises shouldn't be 'glacial' - Saunders 20 Apr 2018

GLASGOW, Scotland The Bank of England should avoid taking a "glacial" approach to interest rate rises, one of the central bank's more hawkish policymakers said on Friday, after markets pushed back expectations for the date of its next rate rise.

Photo

May rate bets shrink to 40 percent after BoE's Carney comments 20 Apr 2018

LONDON Expectations of a UK interest rate increase in May has shrunk to around 40 percent from 70 percent earlier this week after Bank of England Governor Mark Carney dampened widespread expectations of a hike next month.

Photo

BoE's Carney dampens expectations for May rate hike, sees 'mixed' data 20 Apr 2018

LONDON Bank of England Governor Mark Carney on Thursday dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year.

Photo

Surprise inflation drop muddies outlook for interest rates 19 Apr 2018

LONDON British inflation unexpectedly cooled to a one-year low in March, calling into question whether the Bank of England will raise interest rates more than once before the end of the year. | Video

Photo

Bank of England to raise rates in May, almost all economists say - Reuters poll 18 Apr 2018

LONDON The Bank of England will raise its key interest rate to 0.75 percent in May, nearly all the 76 economists polled by Reuters said, then add another 25 basis points just before Britain is due to leave the European Union early next year.

Photo

Lowest jobless rate since 1975 fails to spur wage growth 17 Apr 2018

LONDON British workers' pay is still rising by less than inflation despite the lowest unemployment rate since 1975, official data showed on Tuesday, but weaker-than-expected wage growth is unlikely to stop interest rates rising next month. | Video

Photo

UK consumers cut spending as snow adds to inflation squeeze - Visa 16 Apr 2018

LONDON British consumers cut their spending by the most in more than five years in early 2018 as heavy snowfalls combined with an ongoing squeeze on household budgets to hit retailers, payments company Visa said on Monday.

Photo

UK lenders expect rebound in demand for mortgage lending in coming months - BoE 12 Apr 2018

LONDON British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey showed on Thursday.

Photo

Britain's RICS house price balance holds at five-year low

LONDON A closely-watched gauge of British house prices held at a five-year low last month, reflecting soft consumer demand at a time when the Bank of England looks set to raise interest rates, property valuers said on Thursday.

Photo

UK asset managers told to show they offer value for money

LONDON Asset managers must assess each year how much value for money they offer investors, Britain's markets watchdog said on Thursday, stopping short of tougher measures called for by critics of the 8 trillion pound ($11 trillion) sector.

Photo

Labour Party likely to seek broader BoE mandate if in power

LONDON Britain's opposition Labour Party would likely broaden the Bank of England's mandate to include factors such as employment but would not seek to remove the central bank's independence, Labour's finance policy chief John McDonnell said on Sunday.

Topics also related to Personal Finance: