Page 45 - Andy Bruce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LONDON (Reuters) -The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25% on Thursday, and gave a new warning that borrowing costs were likely to stay high for some time. Unlike the U.S. Federal Reserve or the European Central Bank - which also both raised rates by a quarter-point last week - the BoE's Monetary Policy Committee gave little suggestion that rate hikes were about to end as it battles high inflation. "The MPC will ensure that Bank Rate is sufficiently restrictive for sufficiently long to return inflation to the 2% ...

Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday....

British house prices fell by 3.8% in annual terms in July, the largest drop since July 2009, mortgage lender Nationwide said on Tuesday....

Britain on Tuesday said it would retain the European 'CE' safety mark for products indefinitely rather than scrap it following the country's departure from the European Union, in a move welcomed...

LONDON (Reuters) - Britain on Tuesday said it would retain the European 'CE' safety mark for products indefinitely rather than scrap it following the ...