UK economy

The Bank of England has reduced its base interest rate by 25 basis points to 4.0 percent, responding to continued signs of economic weakness in the UK. This marks the …

In a glimmer of hope for British consumers, UK grocery inflation showed signs of easing in January, offering some relief to household budgets after months of relentless price hikes. According …

In a surprising turn of events, government borrowing in the UK surged beyond expectations in December, marking the highest level of borrowing for the month in four years, according to …

Gilts, the UK government bonds, have experienced their best performance in several months, marking their strongest week since July. The positive movement in gilts follows a string of disappointing economic …