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By Andy Bruce and David Milliken LONDON (Reuters) -Britain's economy contracted in July at an unexpectedly sharp rate after strikes in hospitals and schools as well as unusually rainy weather weighed...
By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) -European shares fell on Tuesday, dragged down by German software maker SAP following a weak forecast from U.S. tech firm Oracle (NYSE:ORCL),...
The Pound Sterling (GBP) is grappling with a difficult situation as it struggles around 1.25 against the US Dollar (USD) despite a record wage growth in the UK. The GBP/USD rate continues to hover...
By Andy Bruce and David Milliken LONDON (Reuters) -Another record month for British pay growth put the Bank of England on track to raise interest rates once again, perhaps for the last time in the...
Investing.com - The U.S. dollar edged higher in early European trade Tuesday, reversing some of the previous session’s sharp losses as traders revised their positions before data showing a potential...
LONDON (Reuters) -The British public's expectations for inflation over the medium to long term, which are closely watched by the Bank of England, rose in August, a survey published on Friday showed....
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar gained on Thursday after earlier pushing the yen to a 10-month low and driving the euro and sterling to their weakest levels in three...
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar is building another head of steam as doubts linger about whether the Federal Reserve is done tightening just yet,...
Bank of England Governor, Andrew Bailey, expressed his expectation for a significant decrease in inflation by the end of 2023 in a meeting with MPs on Wednesday. He indicated that the cycle of...
Bank of England Governor, Andrew Bailey, indicated on Wednesday that the UK is approaching the peak of its interest rate cycle, but cautioned that further increases may still occur due to persistent...
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