Meanwhile, The Guardian and the Daily Express say the grim news is a fresh blow to Chancellor of the Exchequer Rachel Reeves, who is already under pressure to revive public confidence in her ability ...

The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...

The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its ...

Abby Thomas, the chief executive and chief ombudsman of Britain's Financial Ombudsman Service, is stepping down after more than two years. The announcement comes amid increased pressure from finance ...

US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

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.

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.

The Bank of England has downgraded its growth forecast for the UK, warning that the economy will expand by just 0.75% this ...

Oxford and Cambridge have some big strengths. The two university cities outstrip most other innovation clusters on scientific ...

Chancellor Rachel Reeves has put building a third Heathrow runway at the heart of her plan to boost the economy amid ...

The demise of the London stock market partly reflects the growing dominance of the US. The London stock market used to be the ...

Plans for a proposed Universal Studios theme park close to the UK are “ongoing,” ministers have said. The proposed site in ...