LONDON British consumer borrowing grew at its weakest rate in nearly two years over the past three months, Bank of England data showed on Wednesday, highlighting households' sense of caution as Britain moved closer to leaving the European Union.
LONDON Fast-rising inflation and growing talk of tighter monetary policy from the Bank of England may spell the end of a winning streak for British gilts, among the best performers in major government bond markets this year.
LONDON British exporters cannot count on enjoying the "sweet spot" which was created by the Brexit vote last year, a top Bank of England official said on Thursday, underscoring the BoE's cautious view on the outlook for the economy.
LONDON A Bank of England policymaker surprised investors by breaking ranks and voting to raise interest rates and some others said it would not take much for them to follow suit, the BoE said on Thursday, signaling a potentially bigger split soon.
LONDON Inflation gnawed away at British pay growth in the three months to January, an unpromising sign for the economy ahead of its divorce from the European Union even as the unemployment rate fell to its lowest level since 2005.
LONDON Movements in the value of British sterling against the U.S. dollar have shown an unusual pattern shortly before monthly releases of the country's official retail sales data, according to an analysis by Reuters.
LONDON The Bank of England's new deputy governor Charlotte Hogg has resigned for failing to declare a potential conflict of interest about her brother's role at Barclays Bank which had prompted an unprecedented rebuke from parliament. | Video
LONDON The Bank of England's new deputy governor Charlotte Hogg was urged to quit by a lawmaker on Tuesday after she admitted failing to declare a potential conflict of interest about her brother's role at Barclays , a bank overseen by the BoE.
LONDON British consumers are feeling the strain of rising prices caused by last year's Brexit vote, suggesting the economy is heading for a slowdown just as London gears up for divorce talks with the European Union, surveys and data showed on Tuesday. | Video
LONDON Britain's unexpectedly strong economic growth since last June's Brexit vote may be starting to fade as inflation picks up, according to a major business survey that chimed with notes of caution from several top companies.