Looking forward, the Bank of England interest rate decision is in the spotlight for GBP investors on Thursday, with a widely expected rate cut potentially pressuring the Pound.

Even though the City is in full Christmas party season, revelling finance types careening along pavements will still have half a (bleary) eye on what the Bank of England does this Thursday.

Former British Prime Minister Liz Truss claimed the Bank of England sabotaged her 49-day tenure in 2022, revealing details in an exclusive Fox News Digital interview.

Coverage of the Treasury select committee session on the recent Bank of England monetary policy reports on interest rates and inflation, from Tuesday 9 December.

UK unemployment climbed to its highest level in almost five years and wage growth eased as a cooling labor market appeared to clear one of the final hurdles to a pre-Christmas interest-rate cut by the Bank of England.

A CryptoUK spokesperson told Decrypt the proposed restrictions “risk undermining the UK’s ambition to lead in digital finance.”

Public spending watchdog says the Bank of England’s core system replacement project offers lessons to other government departments.

Bank of England Governor Andrew Bailey said eliminating interest rate risk from the public sector was a key goal of its efforts to shrink its balance sheet, in an interview broadcast on Thursday.