Chancellor Jeremy Hunt received a shot in the arm ahead of next month's budget after it was reported UK public finances recorded a record monthly budget surplus in January thanks to a strong tax take and lower-than-expected borrowing.

February 21,2024

The People's Bank of China (PBoC) has announced its biggest interest rate cut since 2019, but the move won't be enough to swing sentiment and reboot the country's property market.

February 20,2024

Is news of a UK recession a cause for worry? No, not really, says a leading economist who says the economy was let down by drooping exports.

February 15,2024

Bank of England Governor Andrew Bailey has responded to January's inflation data surprise by warning that the numbers do not change the outlook presented at the Bank's last policy meeting.

February 14,2024

The Bank of England will cut rates to as low as 4.0% by year-end as recession and deflation threaten the UK economy, according to the Institute of Economic Affairs (IEA).

February 14,2024

UK headline CPI inflation might be running at double the Bank of England's 2.0% target, but if we look closer at the data we see a strong disinflation is underway in the UK, opening the door to interest rate cuts.

February 14,2024