UK Economy

The British Pound rose against the Dollar, Euro and other G10 currencies following the release of UK job and wage data that showed no concerning deterioration in the labour market.

One of the UK's biggest mortgage lenders says house prices have risen at their fastest pace in nearly two years, which analysts say is further evidence of a constructive macroeconomic backdrop for the Pound.

The Bank of England could opt to cut in smaller increments than 25 basis points, according to a new economic analysis.

Business inflation expectations are now at their lowest in three years, but the British Chambers of Commerce have released new forecasts showing UK inflation will remain above the Bank of England's target until 2027.

Despite the prospect of investor-unfriendly tax hikes in October, UK business confidence remains at its highest level in nine years.

Falling prices are now a reality for UK shoppers, with new data showing deflation in Britain's high street stores.

Pound Sterling rose after a survey of the UK economy beat expectations and eclipsed that of the Eurozone.

The Bank of England will need to proceed with caution in the coming months as the UK's 6 million-strong public workforce seeks out above-inflation pay rises.

UK business confidence rallied by 9 points to 50% in July, reversing June’s drop and matching May’s eight-year high, according to the Lloyds Bank Business Barometer.

It might soon become apparent that the fiscal rules will be changed to allow for increased borrowing.

Pound Sterling holds an uptrend against the Euro as the UK economy looks to be outperforming that of the Eurozone this July.

Pound Sterling continues to retreat from recent highs, helped along the way by UK retail sales data that showed a sharp slump in activity in June.

Just-released wage data are no smoking gun for an August interest rate cut, however Pound Sterling's bullish run could be entering a consolidative phase against the Euro and Dollar.

The Bank of England faces the spectre of rising inflation once more as easy wins from goods and energy prices will no longer be able to flatter stubbornly high services inflation.

Pound Sterling defended its recent gains after UK inflation hit the target in June and left markets none the wiser as to whether the Bank of England would proceed with an interest rate cut in August.

The UK economy is forecasted by economists to maintain its positive momentum through the second half of the year.

Pound Sterling rose after the UK's GDP rose more than expected in May, lessening the odds of an interest rate cut on August 1.

A monthly labour market survey reports the fastest rise in permanent pay for eight months, underpinning a Bank of England policymaker's warning that an August rate cut is not warranted.

The British Pound firmed ahead of the weekend, helped in part by news UK's economy grew more than was previously estimated in the first quarter of this year as the impact of rising incomes and falling inflation took hold.

Businesses say their price expectations fell sharply to an 11-month low in June, a development that the Bank of England will welcome.