UK Jobless Rate Hits 5.1% as Labour Market Weakens
UK unemployment rises to a four-year high of 5.1%, with payroll numbers falling sharply. Wage growth slows, increasing pressure on the Bank of England to cut rates. Read the full analysis.
UK unemployment rises to a four-year high of 5.1%, with payroll numbers falling sharply. Wage growth slows, increasing pressure on the Bank of England to cut rates. Read the full analysis.
New UK unemployment figures and sticky inflation data will shape the Bank of England's crucial interest rate decision this Thursday. Follow the latest economic snapshot.
Rishi Sunak told the Covid inquiry he was 'acutely stressed' by rising bond costs in 2020, fearing the UK's ability to fund itself. Discover the emergency measures considered to avert a crisis.
UK inflation is forecast to remain stubbornly high at 3.5%, adding pressure on the Bank of England ahead of Thursday's pivotal interest rates decision. Read the latest analysis.
A heating system leak at the Louvre has damaged hundreds of historical Egyptology journals. No unique artefacts were harmed, but the incident raises fresh concerns over the museum's ageing infrastructure.
Bill Kingdom, the influential civil servant who shaped the UK's Financial Conduct Authority, has died at 78. Read about his pivotal role in financial regulation.
Analysts warn the Bank of England's expected December interest rate cut is not a done deal. Governor Andrew Bailey's vote may be decisive as MPC hawks push back. Read the latest analysis.
The Bank of England and FCA join the City Minister in Rochdale to launch a regulatory overhaul and new support unit, aiming to help mutuals and co-operatives grow.
Lloyds Banking Group CEO Charlie Nunn argues post-crisis deleveraging has hampered the UK economy. The Bank of England has now eased capital rules, citing robust bank strength.
The Bank of England warns of growing risks from hedge fund bets on UK debt, a $2 trillion shadow banking sector, and an AI stock bubble. Discover the key threats to financial stability.
Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.
The South Bank Employers' Group has appointed five new directors to its board, marking a major governance overhaul. Discover how this will shape the area's future.
A new digital business account from Allica Bank offers high interest on idle cash and cashback, potentially earning firms £10,000 a year. Discover how to boost your bottom line effortlessly.
The Bank of England warns of rising global financial instability, with stretched equity valuations and AI bubble risks threatening a sharp correction. Read the full analysis.
The Bank of England warns leveraged hedge funds pose a major threat to UK bond stability. Discover the risks and the central bank's planned response to safeguard finances.
The Bank of England warns of heightened global financial stability risks while easing capital requirements for UK lenders to 13%. Read the full analysis of the FPC's latest report.
The Bank of England has trimmed capital requirements for UK banks to boost lending, while its stability report warns of increased risks from AI valuations and geopolitics. Read the full analysis.
The Bank of England plans to lower capital requirements for major UK lenders, aiming to boost loans to households and firms. Stress tests show top banks can withstand a severe downturn.
The Guardian has published corrections regarding Lord Paul's committee role and the location of a Helsing defence facility. Discover the full details and how to submit editorial complaints.
Traders predict a 93% likelihood of a Bank of England rate cut in December to 3.75%, making borrowing and mortgages cheaper. Discover what this means for you.
UK bank stocks experience dramatic swings as Treasury's conflicting Budget leaks create market uncertainty. Lloyds and Barclays see-saw while tax hike rumours persist. Analysis inside.
NatWest, Lloyds and Barclays stocks rise as investors anticipate Rachel Reeves will spare lenders from further levy in this week's budget. Discover the market reaction.
The Bank of England's historic Threadneedle Street headquarters is set for a major internal upgrade starting 2026. Discover how this heritage building is being modernised for the future while preserving its iconic façade.
Julius Baer shares plummet 12% as investors question CEO's transformation strategy. Can the Swiss bank regain market confidence? Analysis inside.
New Which? research shows bank loyalty rarely pays. Discover the 6 top-rated current accounts for 2025 to maximise cashback, perks, and rewards. Switch and save today!
UK inflation eased to 3.6% in October, yet accelerating food prices pose a major challenge for the Bank of England and continue to strain household budgets.
UK inflation falls to 3.6% in October, signalling potential interest rate cuts. Chancellor Rachel Reeves prepares budget measures to accelerate price drops as Bank of England remains divided.
UK inflation eased to 3.6% in October, but food prices climbed to 4.9%. The Bank of England faces pressure on interest rate decisions. Read the latest economic analysis.
UK inflation eased to 3.6% in October, marking the first decline in five months. The drop comes ahead of Rachel Reeves's crucial budget statement. Read the full analysis.
UK inflation is forecast to have cooled to 3.6% in October, down from 3.8%. This could ease pressure on households and influence the Chancellor's upcoming budget. Read the latest analysis.