Britain’s GDP expanded 0.4% in the second quarter of 2026, easing from Q1’s 0.6% pace, as a fall in industrial production and manufacturing cast doubt on the durability of the recovery.
Tag: Bank of England
Posted inEconomy
Bank of England Holds at 3.75% as Hawkish Dissent Grows to Three MPC Members
The Bank of England kept its benchmark rate at 3.75% on July 30, but a surprise 6-3 vote split — with three MPC members pushing for a hike to 4% — signalled the committee is leaning hawkish.