The Bank of England trimmed its expectations for second-quarter growth, predicting GDP will remain flat against a previous forecast for 0.2%  expansion.  Photograph: Getty Images

The Bank of England has kept interest rates on hold at 0.75 per cent amid heightened no-deal Brexit fears and as UK growth falters. Policymakers on t(...)

UK chancellor Philip Hammond has fired the starting pistol on the government’s search for a new Bank of England governor to replace the central bank’s current chief, Mark Carney

UK chancellor Philip Hammond has fired the starting pistol on the government’s search for a new Bank of England governor to replace the central bank’s(...)

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(...)

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