The Bank of England move was widely expected. Photograph: Reuters

The Bank of England has raised interest rates to the highest level in almost a decade, saying recent data vindicated policymakers’ view that the first(...)

The ECB currently intends to keep buying debt at a pace of €30 billion a month until at least September. Photograph: iStock

European Central Bank chief economist Peter Praet has confirmed that next week’s policy meeting will be pivotal for reaching a decision on when to end(...)

Governor Mark Carney and colleagues said they now wanted to return inflation to its 2 per cent target over “a more conventional horizon”

The Bank of England said on Thursday interest rates probably need to rise sooner and by a bit more than it thought three months ago, after it raised i(...)

Bank of England governor Mark Carney at a press conference following its decision to raise interest rates to 0.5%. Photograph: Stefan Rousseau / PA

The Bank of England has increased interest rates for the first time since 2007, despite fears for the fragility of the UK economy as its 2019 departur(...)

Stormont: on hold. Photograph: Paul Faith/AFP/Getty Images

Political uncertainty and the absence of a Northern Ireland Executive has sent consumer confidence levels plummeting again in the North, according to (...)

Pound for euro: sterling mini-revival may be short-lived. Photograph: AFP

Sterling’s mini revival has brought some welcome relief to Irish exporters, but with the Brexit negotiations on a knife edge and UK growth still weak,(...)

Sterling surged to a one-year high of 89p against the euro on Tuesday.

Sterling’s mini revival has brought some welcome relief to Irish exporters, but with the Brexit negotiations on a knife edge and UK growth still weak,(...)

UK manufacturing has expanded at the strongest pace in four months. Photograph: iStock

UK manufacturing expanded at the strongest pace in four months in August, lifted by both export orders and domestic demand. A measure of factory outp(...)

The Bank of England cut its economic growth for this year and next to 1.7 per cent and 1.6 per cent, down from 1.9 per cent and 1.7 per cent respectively. Photograph: iStock

Sterling slumped to its lowest level since October against the euro as the Bank of England (BoE) cut its economic forecasts, prompting traders and eco(...)

Having run an astonishingly inept campaign Theresa May immediately demonstrated her utter lack of negotiating skills by declaring a deal with the DUP before one had been agreed. Photograph: Getty Images

It keeps getting worse for Theresa May. Her fateful decision to call the recent general election is now widely described as reckless a gamble as David(...)

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