uk-economy

Image for Bank of England needs to look beyond upcoming dip in inflation, Pill saysFinance

Bank of England Needs to Look Beyond Upcoming Dip in Inflation, Pill Says

Image for Markets expect UK interest rates to bottom out at 3.0% in Q1 2027, BoE survey showsFinance

Markets Expect UK Interest Rates to Bottom Out at 3.0% in Q1 2027, BoE Survey Shows

Image for Sterling recovers some BoE-led losses, politics loom largeFinance

Sterling Recovers Some BoE-led Losses, Politics Loom Large

Image for UK house prices rise by most since November 2024, Halifax saysFinance

UK House Prices Rise by Most Since November 2024, Halifax Says

Image for Lidl GB follows Aldi UK and Sainsbury’s with above‑inflation pay rise

Lidl Gb Follows Aldi UK and Sainsbury’s With Above‑inflation Pay Rise

Date: February 6, 2026

LONDON, Feb 6 (Reuters) - Lidl GB on Friday became the latest UK supermarket to lift pay for its store staff above inflation, following similar moves by Aldi UK and Sainsbury’s. The Bank of England is...

Image for Analysis-Once feted Mandelson becomes nightmare for weakened UK PM Starmer

Analysis-Once Feted Mandelson Becomes Nightmare for Weakened UK PM Starmer

Date: February 5, 2026

By Elizabeth Piper, Andrew MacAskill and Alistair Smout LONDON, Feb 5 (Reuters) - Prime Minister Keir Starmer's appointment of Peter Mandelson as Britain's ambassador to the United States was once...

Image for British firms' wage growth expectations cool slightly, BoE Survey shows

British Firms' Wage Growth Expectations Cool Slightly, BoE Survey Shows

Date: February 5, 2026

LONDON, Feb 5 (Reuters) - British companies' expectations for wage growth in the year ahead cooled a bit in the three months to January and expectations for their prices also declined, a Bank of...

Image for Bank of England governor speaks after close vote to hold rates

Bank of England Governor Speaks After Close Vote to Hold Rates

Date: February 5, 2026

LONDON, Feb 5 (Reuters) - The Bank of England left interest rates on hold at 3.75% in a surprisingly close 5-4 split vote, with Governor Andrew Bailey and external policymaker Catherine Mann saying...

Image for BoE's Bailey says his main message is one of good news

BoE's Bailey Says His Main Message Is One of Good News

Date: February 5, 2026

LONDON, Feb 5 (Reuters) - Bank of England governor Andrew Bailey said on Thursday that his main message was one of good news, speaking after central bank's decision to keep interest rates on hold at...

Image for Pound, UK borrowing costs drop as investors up bets on rate cuts after dovish BoE

Pound, UK Borrowing Costs Drop as Investors up Bets on Rate Cuts After Dovish BoE

Date: February 5, 2026

LONDON, Feb 5 (Reuters) - Sterling and two-year gilt yields fell on Thursday after the Bank of England held rates steady in a surprisingly narrow vote and said it expected a future cut if inflation...