When the BoE first mooted active gilt sales back in May 2022, gilts yielded less than 2 per cent. Active QT made perfect sense as the gilts paid less than the neutral rate.

The prediction, from S&P Global, marks a sharp climb from August's 3.8% rate and is double the Bank of England's (BoE) 2% target.

This means people on the full New State Pension could see payments rise by over £570 next year under the earnings growth. An uplift of 4.8 per cent would increase the full New State Pension to £241.30 ...

The traditional autumn surge in UK house prices was more subdued this October, according to the latest figures from property website Rightmove. Average asking prices rose by just 0.3% (£1,165) last ...

TALLAHASEE, Fla. — Florida regulators on Monday began a two-week hearing that could determine whether Florida Power & Light can raise rates for its roughly 12 million customers. FPL is seeking state ...

It would mark the highest level since January 2024. Inflation struck 3.8% in July and August amid pressure from rising food prices, as firms highlighted increased tax and labour c ...

Inflation is expected to climb to its highest level in nearly two years, with official figures next week likely to show a rise to four per cent in September. The increase would mark the steepest rate ...

We like the fixed saver from Marcus because there's a low minimum deposit of £1. Here's everything else you need to know about the account.

Chancellor Rachel Reeves has been warned that any further tax rises on businesses in next month’s Budget could “crush” Britain’s jobs market, as confidence ...

The BoE's next monetary policy announcement is due on November 6 when it is widely expected to keep rates on hold as it awaits further clarity on the persistence of inflation pressures in the economy.

The cost of living for British pensioners in Spain is going to rise due to the weak Pound | Photo: Majorca Daily Bulletin reporter Not only are Britons travelling to the Eurozone over the coming ...

The cost of living for British pensioners in Spain is going to rise due to the weak Pound | Photo: Majorca Daily Bulletin reporter Not only are Britons travelling to the Eurozone over the coming ...