The procurement exercise came at a cost of around GBP 4 billion, up from the last year’s GBP 3.6 billion.

Net income decreased to GBP 4.232 billion on an underlying basis from GBP 4.514 billion last quarter, while operating expenses increased to GBP 2.486 billion from GBP 2.241 billion. Net interest ...

Trade détente is GBP positive "The CPI release for March disappointed slightly on headline (2.6% y/y vs. 2.7% y/y exp.) and was as expected on core (3.4%). Trade tensions also remain a critical ...

During yesterday's trading session, the GBP/USD currency pair jumped to the ... 2.6% year-on-year and services inflation declining to 4.7%, easing pressure on the Bank of England.