Bank of England

UK Shoppers Up Their Spending In January But Gloom Persists

British consumers unexpectedly increased their shopping in January, but the overall picture remains one of weak demand from inflation-hit consumers who are...

UK Retail Sales Steady In January, Ahead Of BoE Meeting

British retail sales were flat in late December and early January, according to a survey that offered mixed news about the state of the consumer economy ah...

EU's Barnier Says Still Risk Of Brexit Cliff Edge At End Of 2020

Businesses still face the risk of a cliff edge Brexit at the end of the year given the short time available to negotiate a future trading relationship betw...

UK Economy Leans On Consumers As Brexit Drags On Business

Moving slowly in the fog of Brexit and slowing global growth, Britain’s economy is increasingly reliant on consumers and their spending, as business...

Mood Among UK Consumers, Firms Remains Fragile, Surveys Find

Confidence among British consumers and businesses remains stuck well below levels before the Brexit vote in 2016, surveys showed on Tuesday, two days befor...

UK Retail Sales Growth Strongest Since 2004 In Q2, June Disappoints

British retail sales rose the most in over a decade in the second quarter despite a drop in spending in June, official data showed on Thursday, giving the...

BOE's Saunders Sees Long-Term Economic Damage From Brexit

Bank of England policy maker Michael Saunders said the decision to leave the European Union will have a long-term effect on the economy, though there&rsquo...

Pound Slides From 11-Month High As BOE Keeps Rates Unchanged

The pound slid from an 11-month high versus the dollar and UK government bonds rallied after the Bank of England voted to keep interest rates unchanged, wh...

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U.K. Inflation Rate Unexpectedly Rises To Four-Year High

UK Household Gloom Deepens As BOE Predicts Consumer Slowdown

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