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Category BOE

Currency traders pay record fees to hedge against pound swings ahead of UK Autumn Budget

Currency traders pay record fees to hedge against pound swings ahead of UK Autumn Budget

Currency traders are spending more money than usual to shield themselves from sudden moves in the British pound as the UK prepares for its Autumn B...
U.K. economy preliminary figures fall short of analyst expectations with 0.1% third quarter

U.K. economy preliminary figures fall short of analyst expectations with 0.1% third quarter

Preliminary figures from the Office for National Statistics reveal that the U.K. economy grew by 0.1% in the third quarter.
Reeves seeks extra £6 billion boost to fund government spending

Reeves seeks extra £6 billion boost to fund government spending

Reeves requests an additional £6 billion to fund government spending.
Economists warn of Labour Force Survey data reliability as UK unemployment rises to 5%

Economists warn of Labour Force Survey data reliability as UK unemployment rises to 5%

UK unemployment rose to 5% in the three months to September, the highest since the pandemic.
New Bank of England (BoE) stablecoin regulation proposal sets £20K holding limit

New Bank of England (BoE) stablecoin regulation proposal sets £20K holding limit

The Bank of England(BoE) has published a consultation paper outlining rules for systemic sterling-denominated stablecoins.