Official figures have raised fears of a deepening public sector drag on the the UK's economic recovery from recession. Data from the Office for National Statistics (ONS) showed that productivity in ...

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Pound Euro Exchange Rate End-of-Week Forecast: GBP/EUR Wavers Amid Economic Pessimism

The Pound Euro (GBP/EUR) exchange rate traded without a clear direction on Thursday following lacklustre Eurozone releases and renewed concerns of sluggish UK growth.

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ECB should accumulate data between rate cuts, chief economist says

FRANKFURT (Reuters) - The European Central Bank should accumulate data before each interest rate cut given the great uncertainty that surrounds the economic outlook, ECB chief economist Philip Lane ...

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Mexican Peso gains as analysts revise 2024 economic growth forecasts downward

Mexican Peso hits weekly high of 16.90 versus USD after Fed maintains current policy. US economic data showing a smaller trade deficit and stable job claims, failed to boost the Greenback.

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UK to be slowest-growing G7 economy next year, warns OECD – as it happened

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...

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