The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war.
The US hit dozens of military targets in a fresh wave of strikes on Iran in response to an attack on American forces in Jordan. Iran targeted a building in northern Kuwait while Jordan said it intercepted five missiles from the Islamic Republic as the conflict escalates and spreads across the Mi...
Former New Zealand captain Stephen Fleming is appointed as England Test coach, with Joe Root as captain.
The Bank of England's Monetary Policy Committee voted six-three in favor of keeping interest rates on hold at 3. 75%. UK officials sought to balance the threat from US-Iran tensions against signs that domestic price pressures are easing more quickly than expected.
The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure.
Live, rolling coverage of business, economics and financial markets as Bank governor Andrew Bailey prepares to present updated forecasts on UK economy That German GDP reading has indeed contributed to the wider eurozone hitting expectations – and then some. The eurozone economy grew by 0. 4% in ...