prompting a historic one-day downward slide of 15% for the Cable. "On one desperate day - Wednesday 16th September, the UK government increased interest rates to 15%. In theory, these high ...

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(Reuters) - The British public's expectations for inflation in the long run rose in February to their highest level in more ...

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Why does putting up interest rates help to lower inflation? When inflation was well above its 2% target, the Bank of England increased interest rates to 5.25%, a 16-year high. The idea is that if ...

The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for 18 months. It is the third cut since August 2024, but the Bank said it will take a "gradual and careful ...

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Britain's housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of ...

Concerns over stamp duty changes, interest rates, inflation and global events appear to be dampening home-buyer confidence, ...

British home prices will rise faster than previously expected this year, but the increase will be outpaced by surging rental costs as demand outstrips supply, a Reuters poll found.