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      Burnham says Infantino ‘wrong man’ to lead Fifa as Brits back World Cup boycott plans

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Bank of England

  • Bank of England to cut interest rates in June, economists forecast

    March 17, 2024

    The Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.

  • Why the Bank of England will keep interest rates on hold despite lower inflation

    March 13, 2024

    The latest clutch of data is unlikely to change the Bank of England's thinking ahead of its decision on interest rates next week.

  • UK economy takes first steps out of recession as growth returns in January

    March 13, 2024

    The figures will raise hopes that the UK is already moving out of the shallow recession it fell into in the second half of last year.

  • Bank of England’s fears of a tight labour market will remain despite growing slack

    March 12, 2024

    Although almost every measure suggested a softer labour market than expected, the downside surprises were small and show a labour market that is still tight in historical terms.

  • Wage growth slows faster than expected and unemployment picks up slightly

    March 12, 2024

    Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.

  • Pound Sterling makes strong start to 2024 as UK recovery from recession to continue

    March 11, 2024

    Paul Robson, head of G10 FX strategy at Natwest, also drew attention to the UK's increasingly supportive political background.

  • Pay growth set to stay high in blow to Bank of England interest rate cut hopes

    March 7, 2024

    The Bank’s most recent Monetary Policy Report suggested that there needed to be a “moderation in pay pressures” to bring down services inflation, a key gauge of domestic inflationary pressures.

  • Bank of England had 28 ‘major’ compliance breaches in a year but ‘good progress’ made

    March 4, 2024

    The public spending watchdog has found dozens of "major" compliance breaches at the Bank of England over the course of a year, despite it taking steps to address shortcomings.

  • Clare Lombardelli appointed deputy governor at the Bank of England

    February 29, 2024

    Clare Lombardelli has been appointed as the next deputy governor for monetary policy at the Bank of England, replacing Ben Broadbent.

  • Mortgage approvals rise to highest level in a year – but UK housing market rebound unlikely to last

    February 29, 2024

    The figures show that the housing market is steadily rebounding from the impact of higher interest rates.

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