Wages grew at a faster rate in the U.K. at the end of last year, posing a potential headache for the Bank of England after it ...

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected ...

Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...

In contrast, homebuyers have had better news since the BoE rate cut, as Santander and Barclays announced they would offer mortgages below 4 per cent for the first time since November last year. The ...

Interest rates must stay high even as the UK economy is teetering on the brink of recession, a rate-setter has said, revealing a growing split at the Bank of England. Megan Greene warned that ...

In a potential setback for Rachel Reeves (pictured), official figures tare set to show inflation accelerated last month ...

A Bank of England rate setter has called recent UK growth figures “uncomfortable”, and argued that policymakers should be cautious when cutting interest ... 2% target last year – but price ...

The Bank of England cut central interest rates by 0.25% last week, prompting banks and building societies to start lowering ...

LONDON (Reuters) - The Bank of England needs to move cautiously with cutting interest rates because ... target at 2.5% and the BoE expects it to pick up to 3.7% later this year, albeit due to ...

ABank of England ... be applied to rate cuts. Last week, the Bank elected to decrease the base interest rate by 0.25 percentage points, reaching the lowest mark in over a year and a half.