Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.
Sterling was stronger against the dollar and could recover if the U.K. Treasury Chief considered revising her fiscal plans, Monex Europe said, adding that there was only a low bar to meet to support ...
“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them ...
Chancellor of the Exchequer Rachel Reeves said she will relax some of her changes to the UK’s tax regime for wealthy ...
That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court ...
Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...