Andrew Atkinson

UK businesses reported continuing growth and easing inflation pressures in September, bolstering the prospects of a “soft landing” for the British economy, according to a closely watched survey.

(Bloomberg) -- UK businesses reported continuing growth and easing inflation pressures in September, bolstering the prospects of a “soft landing” for the British economy, according to a closely watched survey.

(Bloomberg) -- UK businesses are putting off investments in anticipation of Labour's budget next month, adding to concerns that the new government's gloomy economic rhetoric is already hampering growth.

(Bloomberg) -- Bank of England Governor Andrew Bailey has held out the prospect of the central bank becoming more proactive in cutting interest rates, provided inflation stayed subdued. Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsIn an interview with the Guardian, Bailey said he was encouraged by the fact that cost-of-l

The UK construction sector grew at its fastest pace in two-and-a-half years in September, a key survey showed in a boost for Prime Minister Keir Starmer after weeks of negative sentiment about the economy.

The Bank of England cut borrowing costs for the second time this year, but stopped short of signaling faster easing, warning that the budget could drive up inflation by as much as half a percentage point.

El Banco de Inglaterra recortó los costos de endeudamiento por segunda vez este año, pero no llegó a señalar una flexibilización más rápida ya que el plan de presupuesto del gobierno podría hacer subir la inflación hasta en medio punto porcentual.

Bank of England policymaker Megan Greene said underlying inflation pressures in the UK are too high for comfort as she made the case for a cautious approach to cutting interest rates.

UK government borrowing came in higher than forecast in October, according to the first snapshot of the public finances since the budget.