Powell and Central Bankers See More Tightening as Economies Withstand Hikes
The global economy and inflation have so far proved surprisingly resilient to a barrage of interest-rate increases, prompting
2023-06-29 02:55
BOE’s Bailey Dismisses Claims Brexit Tightened Jobs Market
Bank of England Governor Andrew Bailey dismissed claims by economists that Britain leaving the European Union has helped
2023-06-28 22:49
Thames Water’s Debt Woes Raise Specter of UK’s Energy Crisis
The UK is facing a potential water sector crisis as it considers a temporary takeover of Thames Water
2023-06-28 19:58
UK to Have Less Coal Power This Winter as Plants Start Closing
The UK is set to have less coal-fired electricity available this winter as two operators have started to
2023-06-28 19:16
UK Property Market Now Comes With a Green Premium
In London, climate change is increasingly reflected in how much it costs to buy or rent real estate.
2023-06-28 18:58
UK Considers Nationalization of Thames Water as Bonds Tumble
Britain’s biggest water supplier, Thames Water, is in talks with officials over contingency plans including a temporary nationalization
2023-06-28 17:50
AIB Returns to Majority Private Ownership as State Cuts Stake
The Irish government sold 5% of AIB Group Plc, returning the bank to majority private ownership for the
2023-06-28 16:16
UK’s Cost-of-Living Crisis Spurs Rise in Abusive Shoppers, Theft
The cost-of-living crisis in the UK has led to an increase in abusive customers and in theft by
2023-06-28 07:15
UK to work more closely with EU on financial services
The UK and EU pact is being seen as a step towards better relations over financial services.
2023-06-27 19:26
BOE’s Dhingra Sees Promising Signs Inflation Will Fall
Bank of England rate-setter Swati Dhingra expects the pressure on UK households from sticky inflation to ease after
2023-06-27 17:50
European Gas Edges Higher as Market Turns Focus to Hot July
European natural gas rose as traders turned their attention to forecasts for hotter weather next month, which is
2023-06-27 17:16
Britcoin May Not Actually Be On Blockchain, BOE Exec Says
A digital pound developed by the Bank of England could end up running on software that is not
2023-06-27 15:16