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The UK jobless rate is expected to fall, while wages are seen rising further above the current rate of inflation.The unemployment rate in Britain has been falling sharply over the last two years, from...
Thursday's announcement will likely show no change to policy stance in March, but the most recent rhetoric among the Bank of England's top policymakers suggests we are slowly getting closer to...
The first estimate of UK GDP showed that both weaker construction and industry led to economic slowdown in the fourth quarter. Will new expenditure data help boost the second estimate? The first...
The strength of the UK labour market is expected to have remained steady in December, with the headline figures staying broadly unchanged from the previous month. The unemployment rate in Britain...
Global disinflationary pressures continue to keep consumer prices subdued at the start of this year, as prices of energy and food remain lower.Both domestic and external factors sent the UK inflation...
Bank of England (BoE) Governor Mark Carney is wetting his pen to write his first-ever open letter to the UK Chancellor George Osborne to explain why inflation in the UK has weakened to its record low...
Thursday's rate and QE announcement comes a week ahead of the publication of updated forecasts within the quarterly Inflation Report, which the BoE said will take place one day later, on February 12,...
UK 2014 fourth-quarter GDP is expected to have slowed slightly from the previous quarter. But how much did the economy actually decelerate? Expectations ahead of Tuesday's publication of the first...
Bank of England aficionados will be closely watching on Wednesday the level of unity among the nine-member rate-setting committee in light of significantly low inflation in the UK. Wednesday's...
Cheaper petrol and food prices are expected to push inflation further down in December, necessitating that BoE Governor Mark Carney write to the UK chancellor explaining why inflation is so low and...
UK's weaker business surveys from December have dented sentiment among market participants and pushed rate hike expectations further toward the end of this year. It seems more than certain the Bank...
Both internal and external developments suggest the Bank of England could begin to tighten monetary policy shortly ahead or in tandem with the Federal Reserve, which should in turn support both the...
The UK economy slowed in the third quarter but both soft and hard data suggest growth is holding its momentum, as weak inflation and cheap oil help boost domestic consumption and investment. The UK...
Low inflation, cheap oil and increased consumer confidence should help bolster UK economic growth in the final quarter of this year and next year.The latest data on the volumes of retail sales suggest...
The UK jobless rate is expected to fall further, while average earnings growth is estimated to continue rising steadily.The unemployment rate in Britain has been falling sharply over the last two...
Consumer price inflation in Britain is expected to have slowed down again in November after it temporarily ticked up the month before on higher transport costs.Inflation rate in the UK has been...
The UK government relies on the housing market to boost the economy and on the Bank of England to tame it in case it nears a house prices bubble.Chancellor George Osborne's most recent bravado of...