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The Bank of England allotted 16.245 billion pounds ($20.64 billion) of one-week funds in its short-term repo operation on Thursday, the largest usage of the facility since it launched in October 2022 ...

The UK’s largest lender, Halifax, announced today that it will cut its mortgage rates this week, despite this morning’s higher-than-expected inflation reading appearing to make a Summer interest rate ...

U.K. inflation is finally nearing the Bank of England’s 2 percent target after almost three years of sharp price increases. Prices of goods and services in Britain rose by 2.3 percent in ...

Investors pared back bets on rate cuts, almost eliminating the chance of a cut in June that was in play yesterday, following the UK’s new inflation figures.

Britain's consumer price inflation fell by less-than-expected in April, raising fresh doubt about the Bank of England's plans to cut interest .

Consumer Prices Index (CPI) inflation slowed to 2.3% in April, down from 3.2% in March, according to the Office for National Statistics (ONS). It marks the lowest level since July 2021 when inflation ...

The Australian jobless rate has moved higher to 4.1 per cent despite a stronger-than-expected 38,500 employment increase.

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