british economy

The Bank of England (BoE) has raised its key interest rate from 3% to 3.5%, the ninth rate rise in a row. The central bank's Monetary Policy Committee (MPC) voted 6-3 in favour of the move and said that further increases in the bank rate…

The Bank of England (BoE) has raised its key interest rate from 3% to 3.5%, the ninth rate rise in a row. The central bank's Monetary Policy Committee (MPC) voted 6-3 in favour of the move and said that further increases in the bank rate…

Rishi Sunak became Britain’s third prime minister of the year on Tuesday and now must turn his attention to taming an economic crisis that has left the country’s finances in a precarious state and millions of Britons struggling to…

Commenting on the short tenure Truss actually practised power, The Economist magazine commented this week. "That is the shelf-life of a lettuce." Here is a timeline of events that unfolded…

Issued on: 03/10/2022 - 09:15 Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce…

The U.K. faces what economists say will be the biggest drop in living standards since the mid-1950s The U.K. faces what economists say will be the biggest drop in living standards since the mid-1950s British consumer prices rose at the…