Bank of England keeps rates at 5%, extends 100 billion pound bond reduction plan for another yearThe Bank of England has kept interest rates steady at 5.0% and plans to reduce its stock of British government bonds by another 100 billion...
19 Sep, 2024, 04.43 PM IST
UK public debt rises to highest since 1961 as election nearsIn May, British public debt reached its highest level since 1961, standing at 99.8% of GDP, or £2.742 trillion. Despite lower-than-expected...
21 Jun, 2024, 12.35 PM IST
Bank of England keeps interest rate unchanged at 5.25% ahead of UK electionThe BoE's Monetary Policy Committee voted 7-2 to keep rates on hold, in line with economists' expectations in a Reuters poll. Deputy Govern...
20 Jun, 2024, 04.42 PM IST
UK PM Sunak says there are no plans for now to send British troops to UkraineBritish Prime Minister Rishi Sunak stated that there are no immediate plans to send military instructors to Ukraine, contradicting previous...
01 Oct, 2023, 05.19 PM IST
Bank of England tells lenders to watch more closely for risky borrowersIn a letter to chief financial officers at financial institutions supervised by the BoE, which it published online, the central bank also w...
29 Sep, 2023, 05.43 PM IST
UK economic growth unrevised at 0.1% in first quarter of 2023The UK economy grew by 0.1% in the first quarter of 2023, according to the Office for National Statistics. This figure remained unchanged f...
30 Jun, 2023, 12.27 PM IST
Bank of England raises rates by 50 bps to 5%, highest since 2008BoE has increased interest rates higher than the predicted 0.25% increase, following the increase in British inflation and wages since its ...
22 Jun, 2023, 04.44 PM IST
After Will Smith Slapgate, Academy creates a ‘crisis team’ to deal with mishapsThe Oscars team is preparing for the unexpected after Smith's infamous slap incident.
10 Mar, 2023, 08.29 PM IST
Bank of England raises rates by most since 1995 even as long recession loomsBritish consumer price inflation hit a 40-year high of 9.4% in June, already more than four times the BoE's 2% target, triggering industria...
04 Aug, 2022, 11.50 PM IST
UK PM Boris Johnson scrapes win in party confidence vote over 'partygate'Johnson, who scored a sweeping election victory in 2019, has been under increasing pressure after he and staff held alcohol-fuelled parties...
07 Jun, 2022, 12.03 PM IST
UK PM Boris Johnson delays lockdown easing by a month, citing Delta variant riskUnder the final stage of a plan outlined by Johnson in February, he had hoped to lift most social restrictions on June 21, meaning pubs, re...
14 Jun, 2021, 10.54 PM IST
UK economy suffers record 9.9% slump in 2020Britain's gross domestic product (GDP) grew 1.0% between October and December versus the previous quarter, the Office for National Statisti...
12 Feb, 2021, 01.12 PM IST
Coronavirus: UK suffers biggest job losses since 2009; number of self-employed fallsJob losses are expected to rise as Britain winds down its huge job retention scheme which protects employees. It is due to close at the end...
11 Aug, 2020, 12.31 PM IST
UK economy set to shrink 7% or more, April PMIs dive: IHS MarkitIHS Markit said its monthly Purchasing Managers' Index (PMI) for the services sector fell to its lowest since the survey started in 1996, d...
05 May, 2020, 02.33 PM IST
- Budapest Olympic bid on last legs as mayor to bring in government
OLYMPICS-2024-BUDAPEST-WITHDRAWAL:Budapest Olympic bid on last legs as mayor to bring in government
22 Feb, 2017, 04.59 PM IST