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On Friday, the British pound reached a two-month high following the release of data indicating a significant increase in UK consumer spending in January. This surge in spending came alongside a report...
Investing.com -- The UK’s public finances posted a smaller-than-expected surplus in January, posing a challenge for Chancellor Rachel Reeves as she works to keep her Budget plans on course and boost...
Investing.com -- Retail sales in the UK rebounded in January, marking the first increase since August and surpassing expectations, the official data released Friday showed. Sales volumes rose 1.7%...
On Thursday, the British pound experienced a marginal increase as market participants awaited the release of key UK economic data, which could influence the Bank of England's (BoE) monetary policy...
Investing.com -- Bank of England (BoE) Governor Andrew Bailey expressed his desire for less volatility in medium and long-dated bond yields on Tuesday. These yields have been affected by speculation...
Sterling slightly retreated but maintained its position near a two-month high as UK wage growth data suggested a more cautious approach to interest rate cuts by the Bank of England (BoE), despite a...
Investing.com -- British wage growth picked up in the final three months of 2024, according to official data released on Tuesday, highlighting why the Bank of England (BoE) remains cautious about when...
Investing.com -- Bank of England Governor Andrew Bailey, in a recent interview, stated that inflation is showing signs of slowing down. He also mentioned that the expected increase in price growth...
Investing.com -- Bank of England (BoE) policymaker Catherine Mann revealed on Tuesday that she supported a half-point interest rate cut last week, a move designed to "cut through the noise" regarding...
On Monday, the British pound held its ground against both the euro and the U.S. dollar, showing little reaction to the latest wave of tariff volatility as market participants awaited a key speech from...
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