Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Central banks in Brazil, ...
£300 Winter Fuel Payment cut could be 'delayed' after Bank of England move
Chancellor Rachel Reeves is being urged to reverse the Winter Fuel Payment means-testing after MPs voted to scrap the £300 ...
France 2420m
UK economic data delivers fresh blow to new govt
UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...
Consumer confidence plummets ahead of 'painful' Autumn Budget
The last time the index declined so steeply was in April 2022, in the wake of Russia's invasion of Ukraine which sent energy ...
Rachel Reeves told winter fuel cut ‘no longer necessary’ as UK given £10bn boost
Rachel Reeves is under pressure to re-think the winter fuel allowance cut after the Bank of England threw the Chancellor a ...
BOE’s Mann Says MPC Should Move Slowly Then Cut Aggressively
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
BoE's Mann takes 'guarded view' on rate cut cycle
Bank of England interest rate setter Catherine Mann said on Friday that she took a guarded view on the prospect of multiple ...
Isle Of Wight Radio37m
National debt at 100% of GDP for first time since 1960s
The UK's public sector debt has hit 100% of the value of the country's annual economic output for the first time since the 1960s, according to official figures released ahead of the chancellor's ...