The Bank of England faces a complex landscape as it considers future interest rate cuts, balancing inflation risks, global trade tensions, and domestic economic challenges. Read more...
UK banks are under pressure as MPs reveal widespread IT outages costing millions in compensation. Meanwhile, the Bank of England warns against rapid interest rate cuts due to persistent inflation. Read more...
Bank of England Deputy Governor Dave Ramsden advises caution on future rate cuts amid rising inflation. He used a "mountain analogy" to highlight the challenges. Read more...