The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...

The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved ...

Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...

The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

Though he said that inflation was also likely to rise through most of this year, policymakers still expected the inflation ...

The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...

EUR/GBP continues its upward trajectory for the fourth consecutive day, trading around 0.8350 during Friday’s Asian session.

FxWirePro- EURGBP Trade Idea The pair gained slightly after the hawkish rate cut by the BOE. Intraday bias remains bullish as ...

Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...

Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an ...