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BOE’s Bailey urges closer EU trade to reverse Brexit damage

Bailey said “the evidence on Brexit suggests that the changing trade relationship has weighed” on the U.K. economy by putting up barriers and...

Philip Aldrick

Wednesday’s budget, the first by a woman in the 800 years that the role of Chancellor of the Exchequer has existed, will also be one of the most...

Work has started on a digital version of the pound, dubbed Britcoin, but the BOE has yet to decide whether to launch one.

Since the pandemic, there has been a surge in the number of people dropping out of the workforce due to ill health, creating skill shortages in...

The “finely balanced” 5-4 vote signals the Bank's ongoing caution to further reductions, with no guidance given on where interest rates may settle...