UK Inflation Stays at 2.8% in May, Defying Forecasts; Pound Rallies as BoE Rate Cut Bets Fade
UK inflation steadied at 2.8% in May, dashing hopes for a near-term BoE rate cut and lifting sterling while pressuring UK equities.
UK inflation steadied at 2.8% in May, dashing hopes for a near-term BoE rate cut and lifting sterling while pressuring UK equities.
Essar's $500 million deal with IRH to buy crude oil and sell Stanlow fuels strengthens the refiner's operational stability, while providing a…
Wes Streeting's pro-market pitch in the UK Labour leadership race lifts the FTSE 100 and sterling as investors reassess political risk, marking…
UK Chancellor Rachel Reeves outlines plans to cut reliance on bond markets, potentially reducing future gilt supply and pressuring UK government bond…
FTSE 100 lags European stock rally as sliding commodity prices weigh on mining and energy shares, with markets monitoring Iran tensions and…
Rathbones shares dropped sharply after the UK wealth manager set aside £60 million for potential client compensation following an FCA review of…
Scotland's proposed bond debut serves as a market-driven independence vote, testing investor confidence in Scottish creditworthiness and rattling UK gilt yields and…
UK markets rallied on Monday as a US-Iran deal eased geopolitical tensions, boosting the FTSE 100 and pound while weighing on oil…
UK forces intercepted a Russian shadow-fleet tanker, raising oil supply risks and pushing crude prices higher amid heightened geopolitical tensions.
SpaceX's $75 billion IPO allocated just 0.5% to UK retail investors, highlighting global inequities in high-demand tech listings as institutional and US…
UK discounter Poundstretcher won a court battle to slash rents, intensifying losses for commercial landlords and weighing on FTSE property stocks.
Britons see inflation accelerating to 4%, double the BOE's target, per a consumer survey, fueling bets that the central bank will keep…