Tag: Bank of England

UK economy stumbled during the shaky run-up to the budget

Europe Roshan Abayasekara -
Britain’s economy shrank unexpectedly in the three months up to October. This lost momentum during the fraught run-up to...

UK’s Triple Lock Gamble: Are Pension Rises Pushing the Country Towards a Financial Crisis?

Europe admin -
(Commonwealth_Europe) (Millions of pensioners in the UK are on course for a pay rise next spring, with state pension...

Is a Financial Storm Brewing? Bank of England Set to Hold Rates—But for How Long?

Europe admin -
(Commonwealth_Europe) The Bank of England is widely expected to keep interest rates on hold at 4.25% this week, as...

Thousands of Jobs Lost: Is Britain’s Building Boom Going Bust?

Europe admin -
(Commonwealth_Europe) The United Kingdom’s construction sector is shedding jobs at a pace not seen since the aftermath of the...

Mortgage Rates Plunge: The Unexpected Reason UK Lenders Are Competing for Your Business

Real Estate Wasana Nadeeshani -
Commonwealth_ A growing number of mortgage lenders in the United Kingdom are slashing their rates as global economic uncertainty...

Stop the Bleeding!’ Poilievre Slams Carney and Vows to Slash $130B Liberal Spending Spree

Lead_Story Wasana Nadeeshani -
Commonwealth_ As the federal election campaign nears its final week, Conservative Party of Canada leader Pierre Poilievre made a...
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More Cuts Coming? What Falling Interest Rates Could Mean for Your Wallet

Europe admin -
(Commonwealth_Europe) Speculation is building around the likelihood of further interest rate cuts by theBank of England later this year....

Poilievre Closes In! Is Carney’s Early Momentum Fading Just Weeks Before the Vote?

Canada and Caribbean Wasana Nadeeshani -
Commonwealth_ As Canada approaches its federal election on April 28, 2025, recent polling data indicates a tightening race between...

Stamp Duty Deadline Looms—But Is Now the Best Time to Buy?

Real Estate Wasana Nadeeshani -
(Commonwealth)_ Homebuyers in England who miss this month’s stamp duty deadline will benefit from the highest property choice in...

Carney vs. Poilievre: The Battle for Canada’s Future Begins!

Canada and Caribbean Ishini Dabare -
Mark Carney has been chosen as the new leader of the Liberal Party of Canada, succeeding Justin Trudeau, who...

Biggest Job Cuts in Years! What’s Behind the UK’s Workforce Shrink?

Lead_Story admin -
(Commonwealth_Europe) Service companies experienced a notable reduction in staff levels, marking the fastest pace of job cuts since 2020,...

UK Inflation Skyrockets to 10-Month High: Bank of England’s Interest Rate Cuts in Jeopardy!

Business & Trade admin -
(Commonwealth_Europe) Inflation in the U.K. reached a 10-month high in January, according to official data released on Wednesday. This...

Inflation Nightmare: Why UK Prices Are Climbing Again

Europe admin -
((Commonwealth_Europe) inflation is expected to have reached its highest level in 10 months in January, continuing a resurgence in...

The UK Housing Market Bounces Back: Why 2025 Could Be a Game-Changer

Real Estate Wasana Nadeeshani -
(Commonwealth_ The UK housing market has faced a turbulent few years, largely shaped by economic policies and global economic...

UK property market indicates a resurgence of growth for 2025

Real Estate Wasana Nadeeshani -
(Commonwealth_ UK property prices have surged for the fifth consecutive month, with Halifax reporting a 1.3% month-on-month rise in...

Pound Euro unchanged after England Bank’s rate hold

Business & Trade Suraj Atapattu -
UK (Commonwealth) Following the most recent interest rate decision by the European Central Bank (ECB), the pound euro (GBP/EUR)...