Tag: UK economy

Bank of England and City of London financial district skyline at dusk with a glowing chart line across the sky

UK

IMF Raises UK Growth Forecast for 2026 but Warns Energy Prices and High Borrowing Costs Will Drag on 2027

1 day ago 8 min read

The IMF lifted its 2026 UK growth forecast to 1.3% but cut 2027 to 1.2%, warning that higher…

A European hedgehog in a lush British hedgerow at golden hour, the animal chosen to replace Winston Churchill on the Bank of England's £5 note

UK

Bank of England Puts a Hedgehog on the Fiver: Wildlife to Replace Churchill and Historic Figures on New Banknotes

6 days ago 7 min read

The Bank of England has announced a European hedgehog will replace Winston Churchill on the £5 note, with…

Bank of England building in Threadneedle Street, London, with a Union Jack flag and City of London skyscrapers under a dark dusk sky

UK

Bank of England Warns Rising AI Debt and Iran Conflict Heighten Financial Stability Risks

October 1, 2026 1 min read

The Bank of England warned on Wednesday that financial stability risks are rising, driven by the re-escalation of…

The Bank of England facade with the Union Jack flying, backed by City of London skyscrapers at golden hour

UK

Sterling Hits Six-Week High Against the Euro as UK GDP Growth Is Revised Upward

September 30, 2026 2 min read

Sterling touched a six-week high against the euro after UK second-quarter growth was revised up to 0.5%, boosting…