Sterling knocked back by inflation fears and bond rout Sterling fell against a stronger dollar today, retreating from a three-year high touched earlier this week, as a rout in global bond markets sent yields ... Business • 26 Feb
Sterling hits highest level against euro in a year Sterling jumped above $1.42 today, coming within touching distance of $1.43, while also reaching a year's high against the euro as analysts retained their bullish ... Business • 24 Feb
Barclays resumes dividend payouts as 2020 profit halves Barclays' annual profit in 2020 fell by half, much less than feared as a strong performance by its investment bank offset provisions against bad loans ... Business • 18 Feb
UK inflation rises to three month high of 0.7% - ONS British inflation rose a little more than expected in January as the country went back into a coronavirus lockdown, pushed up by higher food prices ... Business • 17 Feb
Sterling on track for fourth week of gains in a row Sterling edged higher on Friday and was on track for its fourth consecutive week of gains against the dollar, after the Bank of England avoided ... Business • 05 Feb
Bank of England keeps rates & bond programme unchanged The Bank of England kept its stimulus programme unchanged today as Britain makes progress with its Covid-19 vaccination programme which could lead to an easing ... Business • 04 Feb
Cannabis factory found close to Bank of England The City of London's first ever cannabis factory has been discovered close to the Bank of England as criminals take advantage of the Square Mile's ... Business • 20 Jan
UK inflation up on travel costs in December British inflation gathered speed in December as a temporary easing of Covid-19 travel restrictions helped to push up air and sea fares and a rise ... Business • 20 Jan
UK economy shrinks by 2.6% in November Britain's economy shrank in November for the first time since the initial Covid-19 lockdown last spring, hit by a tightening of social-distancing rules. Business • 15 Jan
Sterling jumps as BoE puts 'dampener' on negative rates Sterling jumped higher against the euro and the dollar today as comments from the Bank of England's governor on the viability of negative interest rates ... Business • 12 Jan
UK retail sales fell in November due to lockdown UK retail sales fell sharply last month when a four-week lockdown in England closed stores which sold non-essential goods to the public, official figures showed ... Business • 18 Dec 20
Sterling rises above $1.36 on renewed Brexit hopes Sterling rallied to above $1.36 today, building on a two and a half high against a struggling dollar as reports of progress in Brexit trade ... Business • 17 Dec 20
No changes from Bank of England before Brexit endgame The Bank of England kept its stimulus programme unchanged today as it awaited the outcome of Britain's trade deal talks with the European Union. Business • 17 Dec 20
Bank of England readies plans to deal with Brexit The Bank of England took steps today to keep banks lending through 2021 as Britain grapples with the Covid-19 pandemic and braces for any market ... Business • 11 Dec 20
Bank of England to probe possible leak of QE decision The Bank of England increased its already huge bond-buying stimulus today by a further £150 billion as it sought to cushion the UK's struggling economy ... Business • 05 Nov 20
Bank of England asks about readiness for negative rates The Bank of England asked UK banks today for information about their readiness for the possibility of zero or negative interest rates. Business • 12 Oct 20
Sterling jumps more than 1% amid Brexit hopes Sterling soared more than 1% today on hopes that Britain could secure a Brexit trade deal with the European Union by October or at least ... Business • 28 Sep 20
UK public borrowing surges to record high in August UK public borrowing rose to £35.920 billion in August, a record high for the month though below its peaks earlier in the financial year, as ... Business • 25 Sep 20
UK banks must do more to fight dirty money - BoE Britain's banks must make the fight against dirty money a "top priority" or risk facing more severe fines, Bank of England Deputy Governor Sam Woods ... Business • 22 Sep 20
BoE warns worsening Covid trend hangs over economy Bank of England Governor Andrew Bailey warned today that escalating Covid-19 cases threatened the outlook for Britain's economy. Business • 22 Sep 20
UK retail data support sterling, outlook remains bleak Sterling got support today from data showing British shoppers kept increasing spending last month, taking sales further above their pre-Covid-19 levels, although the outlook for ... Business • 18 Sep 20
Bank of England looks harder at negative rates The Bank of England said it was looking more closely at how it might cut interest rates below zero as Britain's economy faces a triple ... Business • 17 Sep 20
Sterling extends falls due to Brexit and economy woes The pound fell today, extending its losses on a combination of dollar strength and weak domestic factors - the long-term damage to Britain's economy from ... Business • 03 Sep 20
Bank of England warns UK economy facing bigger risks Bank of England Deputy Governor Dave Ramsden and another interest-rate setter, Gertjan Vlieghe, warned today of risks that Britain's economy could suffer more damage than ... Business • 02 Sep 20
Sterling drifts lower against the dollar Sterling fell against a rebounding US dollar today but was steady against the euro as traders looked to speeches from several Bank of England officials ... Business • 02 Sep 20