

Eshe Nelson
Posts

Bank of England Holds Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.

European Central Bank, Citing Wage Growth, Keeps Rates Steady
Although inflation has eased, the eurozone’s central bank said that “domestic price pressures remain high.” Rates remain the highest in the central bank’s history.

Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.

Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.

U.K. to Cut Taxes Again as Election Nears
The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.

U.K. Economy Shrank as 2023 Ended, Tipping Into Recession
Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.

The Squeeze on British Businesses Is Not Letting Up Soon
Company insolvencies hit a three-decade high, with businesses under pressure from high debts, prices and interest rates. The Bank of England held rates steady on...

When Will the European Central Bank Start Cutting Rates?
Interest rate cuts could start as soon as April, investors say. But the eurozone’s central bank, which held rates steady on Thursday, has said it...

U.K. Inflation Edges Higher, Halting 10-Month Decline
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.

U.K. Inflation Edges Higher, Halting 10-Month Slide
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.