The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

Read Less Inflation edged down to an annual rate of 2.5% in December, from 2.6% the month before, providing a glimmer of hope that the Bank of England might cut interest rates at some point in the ...

The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...

The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...

Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...

Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...

UK inflation fell unexpectedly in December to 2.5%, potentially opening the door to interest rate cuts by the Bank of England (BoE) next month. Financial markets now assign a 74% probability to an ...

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...