British government borrowing jumped by almost a third to $18.2 billion last month compared with August 2023, taking borrowing ...

The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.

British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...

A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on ...

European Commission President Ursula von der Leyen announced on Friday more than $39 billion in loans to Ukraine to repair ...

Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...

The pound’s peer-beating rally got a fresh spur this week, but strategists from J.P. Morgan Private Bank, State Street Global ...

Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale ...

British consumers have turned more pessimistic after warnings by new Prime Minister Keir Starmer about the economy and the ...

In "Money and Promises," Paolo Zannoni, the historian, banker and executive deputy chairman of Prada, tells the tale of ...

Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...

The Bank of England held its interest rate steady following its August cut, despite the U.S. Federal Reserve opting for a 50 ...