The U.S. president has fired a regular volley of vitriol at Fed Chief Jerome Powell in recent months, demanding interest rates cuts and hinting that he will appoint a presumably more like-minded ...

AUD/USD keeps its range near 0.6550 in Asian trading on Tuesday, little impressed by the Chinese Q2 GDP beat amid the mixed Retail Sales and Industrial Production data. The US Dollar's upside ...

It came after Treasury Chief Secretary Darren Jones said it was “normal” for firms to adjust their business plans because of a tax hike, arguing the country had “seen the creation of hundreds of ...

The European Union is prepared to unleash a €21bn (£18.2bn) retaliation against Donald Trump after the US president announced ...

Economists think the Bank of England will cut interest rates to 4% on 7 August, when it announces the outcome of its next Monetary Policy Committee (MPC) meeting.The economy shrank for the second ...

Despite this, the euro climbed against the dollar to EUR1.1683 on Monday afternoon UK time from EUR1.1549 on Friday. Stephen Innes at SPI Asset Management said investors have "grown numb to these ...

The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore ...

A year after Labour’s landslide victory, living standards in the UK remain stagnant, with discretionary incomes falling 7.5% since PM Starmer took office, a trend that is fuelling public discontent an ...

Economists have said the Bank is likely to look past sticky inflation and instead move ahead with an interest rate cut in ...

Chancellor Rachel Reeves said the manifesto commitment not to increase income tax, national insurance and VAT still stood.

Chancellor Rachel Reeves pointedly only committed to holding rates on 'taxes that working people pay' amid mounting alarm.

The Bank of England (BoE) is ready to lower interest rates further if the UK job market begins to show clear signs of slowing ...