UK Economy Contracts in September Amid Challenges to Growth Ambitions
The United Kingdom’s economy shrank by 0.1% in September, marking an unexpected setback to Finance Minister Rachel Reeves’ plans for sustained economic growth. Over the third...
Etiket: Bank of England
UK Borrowing Costs Surge After Labour’s Tax-Heavy Budget Announcement
UK borrowing costs rose sharply a day after the Labour government introduced a tax-increasing budget. By 2:33 p.m. on Thursday in London, the 1-year gilt yield...
UK Inflation Falls Sharply to 1.7%, Below Bank of England’s Target for First Time in Over Three Years
Inflation in the United Kingdom dropped sharply to 1.7% in September, marking the first time since April 2021 that inflation has fallen below the Bank of...