Brent crude oil prices on the ICE exchange in London exceed $120 per barrel for the first time since June 2022, according to market data.
Brent crude oil prices on the ICE exchange in London have exceeded $120 per barrel for the first time since June 17, 2022, according to trading data.
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Global oil prices retreat from a four-year high of $126 per barrel as markets react to concerns over potential supply disruptions stemming from the US-Iran conflict.
Global oil prices have retreated from a four-year high of over $126 per barrel amid ongoing concerns regarding the potential escalation of the US-Iran conflict and its impact on Middle East oil supplies.
The Bank of England has raised its CPI inflation forecasts for 2026 and 2027. The central bank now expects 2026 inflation to average between 3.3% and 4.5%, up from its previous 2.2% estimate.
The Bank of England has revised its Consumer Price Index (CPI) forecasts upward for 2026 and 2027, while lowering its projections for 2028.
The Bank of England holds the base interest rate at 3.75%. The decision maintains the current borrowing cost for the United Kingdom.
The Bank of England has decided to maintain its base interest rate at 3.75%.
The UK government announces increased funding and fast-tracked legislation to counter malign state actors following a recent attack on the Jewish community.
The UK government has announced increased funding and fast-tracked legislation targeting malign state actors following a recent attack on the Jewish community.
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