Bank of England

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UK Services Sector Shrinks at Fastest Pace Since 2023: What It Means for Traders and Investors

UK Services Sector Shrinks at Fastest Pace Since 2023: What It Means for Traders and Investors

The UK’s services sector has slipped into its deepest contraction since January 2023, raising fresh concerns about the health of the British economy and the outlook for financial markets....
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UK House Prices Slip as Rising Mortgage Costs Weigh on Property Market

UK House Prices Slip as Rising Mortgage Costs Weigh on Property Market

The UK housing market showed signs of losing momentum in May, with house prices recording their first monthly decline of the year as geopolitical tensions and rising borrowing costs began to impact...
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European Markets Climb Despite UK Jobs Data Worries

European Markets Climb Despite UK Jobs Data Worries

European stocks, including the FTSE 100 (^FTSE), extended their gains for a second consecutive day on Tuesday, even as the UK’s latest employment figures hinted at a slowing labour market....
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UK Shop Prices Ease, FTSE and European Markets Tread Water

UK Shop Prices Ease, FTSE and European Markets Tread Water

The FTSE 100 (^FTSE) and broader European markets showed little direction on Tuesday morning as UK shop price inflation slowed in October, according to fresh data from the British Retail Consortium...
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European Stocks Gain as Middle East Tensions Ignite Commodity Rally

European Stocks Gain as Middle East Tensions Ignite Commodity Rally

Global markets are experiencing a cautious lift as the FTSE 100 and European stocks ticked upwards on Tuesday. This comes amid renewed tensions in the Middle East, as traders brace for upcoming...
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