UK Inflation Holds At 2.0 Percent In June

Britain’s inflation rate remained stable in June after returning to the Bank of England’s target the…

Rising Energy Bills To Worsen UK Cost Of Living Crisis

The price cap on most UK homes’ energy bills will climb this winter, according to regulator…

UK Mortgage Approvals Drop to Record Low

Mortgage approvals in the United Kingdom fell to their lowest level since January 2023 in September,…

Bank of England Expresses Concern over Longer Mortgages, Increase in Credit Card Use

Consumers are taking out lengthier mortgages and spending more on credit cards to adjust to increasing…

Bank of England Proposes Insurance Reform To Boost Investment

The Bank of England announced on Thursday a revision of capital regulations for insurers that will…

Persistent Inflation Forces Bank Of England To Hike Rate Half-Point High

  The Bank of England Thursday lifted its key interest rate by a half-point to five…

First Bank Notes Featuring King Charles Is Unveiled By Bank Of England

  The Bank of England has unveiled its first banknotes featuring King Charles III, following the death of Queen Elizabeth…