The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the ...
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...
The Bank of England is expected to reduce interest rates amid economic uncertainty, inflation concerns, and weak growth ...
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.
Moody’s Growth Predictions Impact British Pound to Rand Exchange Rate Today Last week’s interest rate decision ... GBP/ZAR Gains With the Bank of England's chief economist intimating ...
The Pound Euro (GBP/EUR) exchange rate range-traded despite an uptick in European Central Bank (ECB) interest rate cut bets. At... At time of writing GBP/EUR was trading at around €1.
International Money Transfer? Ask our resident FX expert a money transfer question or try John's new, free, no-obligation personal service! ,where he helps every step of the way, ensuring you ...
Night - Scattered showers with a 66% chance of precipitation. Winds variable at 6 to 11 mph (9.7 to 17.7 kph). The overnight low will be 34 °F (1.1 °C). Rain with a high of 40 °F (4.4 °C) and ...
Another area of low pressure is expected to move though the English Channel today, offering unwanted rain along the south coast and across much of the southern half of the region, until it clears ...