The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
The UK has been "out of line" but the situation "can be worked out", Trump said, adding that he has been "getting along very well" with UK Prime Minister Sir Keir Starmer. This comes as Starmer heads ...
The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista.
Canadians have begun booing the US anthem at sports games, signalling the depth of anger at steep tariffs issued by Trump.
Hedge funds scrambled to sell shares in North American and European companies last month in a sign that the world’s top money ...
Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75% - Inflation also expected to be higher than ...
The Canadian economy is set to face the most severe shock since the Covid-19 pandemic and will probably sink into a recession ...
As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.
Get real-time updates on international politics, economic changes, conflicts, and environmental issues. Access the latest ...
The UK economy is forecast to improve more slowly than previously predicted after stagnant growth late last year. The EY ITEM Club expects UK gross domestic product (GDP) to grow by 1% in 2025 ...
UK Halifax House Price Index was released on Friday, with the average property price surging to a new record high of £299,138 ...
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