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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
- If you can't beat 'em? European politicians embrace TikTok despite security fearsEuropean politicians embrace TikTok for voter outreach despite security concerns. ByteDance denies spying allegations. Major leaders like B...08 Apr, 2024, 04.26 PM IST
- Bank of England lifts interest rate by 25 bps to 5.25%, highest in 15 yearsUnlike the US Federal Reserve or the European Central Bank - which also both raised rates by a quarter-point last week - the BoE's Monetary...03 Aug, 2023, 04.47 PM IST
- Bank of England says Britain is coping with higher interest ratesThe Bank of England has said that the UK's economy has remained resilient to a surge in interest rates and that there isn't any reason for ...12 Jul, 2023, 08.29 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
- Bank of England raises interest rates to 4.5% as inflation is slow to fallThe Bank of England has raised its interest rate by a quarter of a percentage point to 4.5%, the highest level since 2008, in its 12th cons...11 May, 2023, 04.48 PM IST
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