World stocks hovered near record highs on Friday, underpinned by a big interest rate cut from the Federal Reserve earlier this week, while the yen eased after Bank of Japan Governor Kazuo Ueda ...

A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to “purge” the risks to ...

Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.

Separate figures from the British Retail Consortium showed retail sales recorded their strongest growth since March.

The number of insolvencies dipped in August 2024 compared to the previous month but were still 16 per cent higher than last ...

Huw van Steenis, vice chair of Oliver Wyman and former advisor to Mark Carney, discusses the Bank of England's decision to ...

Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...

Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...

On Wednesday, after what has felt like one of the longest and most painful hiking cycles, the Fed announced a change to their ...

The full and ugly truth about England's population health and the performance of its National Health Service (NHS) will not ...

Bank of England poised to hold interest rates at 5%, economists say The Bank of England is poised to keep interest rates at 5 ...

Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...