The Bank of England has launched a public consultation that could see historical figures removed from British banknotes, sparking fierce criticism from Conservative politicians who branded the move “wrongheaded wokery.” …
Bank of England
News and decisions from the Bank of England — including interest rate changes, inflation forecasts, economic outlooks, monetary policy, and statements from the Governor.
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Economy
Sterling SOARS to dizzying heights as pound hits near FOUR-YEAR peak against dollar – and it could mean BIG savings on your summer holiday
by James CarterBrits set to cash in as currency rockets to $1.37 – making American trips and designer shopping sprees suddenly more affordable The British pound is flexing its muscles like never …
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Economy
Bank of England Holds at 4.25% as Inflation Soars to 3.4% – Middle East Tensions and Rising Food Costs Dash Hopes of Summer Relief for Mortgage Holders
by Darren SmithThreadneedle Street Breaks Pattern of Cuts as Price Pressures Mount – Expert Warns Inflation Will Stay Above 3% Throughout 2025 Amid ‘Persistent Wage Growth’ The Bank of England has dashed …
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Economy
Bank of England set to hold rates at 4.25% as inflation and global uncertainty persist
by Tara WhitmanEconomists predict pause in rate-cutting cycle amid unexpected rise in inflation to 3.5% Labour market shows signs of weakness as wage growth slows and unemployment rises Trump tariff concerns and …
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Economy
Rachel Reeves admits Iran crisis could devastate UK economy as oil prices SURGE 10% – while experts warn costs could hit $125 a barrel if Tehran shuts vital shipping route
by Darren SmithChancellor dodges questions on whether her already-delicate spending plans will be smashed by Middle East crisis Former BP boss Lord Browne warns oil prices will ‘go up a long way’ …
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Economy
Pound Falls to 1.3176 Against Dollar Amid Market Shifts: What It Means for the UK Economy and Investors
by Darren SmithThe British Pound has taken a notable dip in global foreign exchange markets, sliding to 1.3176 against the US Dollar—a decline of -0.97% from the previous day’s close. This movement …
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On May 8, 2025, global financial markets responded with optimism to the announcement of a new trade agreement between the United States and the United Kingdom. President Donald Trump described …
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The Bank of England has officially cut its base interest rate to 4.25%, a move that’s already being celebrated as a major win for UK homeowners. After months of speculation …
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U.S
Trump Dominates ‘Nervous’ Carney in Washington Showdown: Body Language Tells the Real Story of 51st State Taunt
by Tara WhitmanA Diplomatic Debut Overshadowed by Dominance What was supposed to be a moment of diplomatic decorum turned into a masterclass in political power play as U.S. President Donald Trump welcomed Canadian Prime Minister …
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U.S
Trump Meets Canada PM Mark Carney at White House Amid Tariff War and ‘51st State’ Controversy
by Darren SmithA High-Stakes Meeting Between Neighbors President Donald Trump is hosting Canadian Prime Minister Mark Carney at the White House in what is already being dubbed one of the most contentious …