This process is painful for Reeves in two ways. Firstly, when the Bank actively sells bonds, it can drive up borrowing costs for the Treasury, as there is simply more supply in the market. Secondly, ...

Chancellor Rachel Reeves was accused of "reckless decisions which have pushed up inflation" after the Bank of England decided ...

UK Chancellor of the Exchequer Rachel Reeves will need to find a further £4 billion ($5.4 billion) to put her budget back on track if the Bank of England decides to stop active gilt sales at a ...

The Bank of England (BoE) has reduced its quantitative tightening (QT) envelope from £100bn to £70bn, with a broad landing zone of £65-£75bn. The move comes as a potential boost for Rachel Reeves ...

The Office for National Statistics has confirmed that UK inflation remained unchanged at 3.8 per cent in August, which was largely expected by economists.

Inflation in the U.K. held steady at 3.8% in the year to August, a day before the Bank of England is widely expected to keep ...

In her Budget statement, the chancellor of the exchequer will outline the government's plans for raising or lowering taxes.

LONDON (Reuters) -Britain's finance minister Rachel Reeves said the government should focus on assisting the Bank of England ...

Allan Leighton advises chancellor to not launch new tax raid in upcoming budget but invest in Britain if she wants to grow the economy ...