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The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...
In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...
Britain's central bank lightened the capital requirements for medium-sized banks on Tuesday, as part of a wider set of ...
Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...
Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his ...
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
In one case, a global bank based in Britain was recently instructed to conduct internal stress tests that included scenarios ...
Figures from the Office for National Statistics showed unemployment at a four-year high of 4.75 as Labour's tax hikes cost ...
Mid-tier banks have long faced regulatory hurdles that hinder growth, especially the minimum requirements once a lender's ...
One analyst said the Bank was "stuck between delaying rate cuts to tame prices or easing policy to support a weakening ...
Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...
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