Bank of England Chief Economist Huw Pill said on Friday that interest rates will probably need to be cut more slowly because ...

Last year’s Budget ultimately boosted inflation through measures such as increases to vehicle excise duty, a rise in ...

The Bank of England holds rates as it seeks to tackle inflation, which remains well above above its 2% target.

The Bank of England needs to be "very cautious" about future rate cuts as British inflation looks set to remain the highest ...

LONDON (Reuters) -The Bank of England looks poised to cut interest rates for the fifth time in 12 months on Thursday but nagging worries about inflation are likely to split its policymakers and cloud ...

The cost of living is forecast to hit its highest level this year, coming in at 4% when official data is published next week.

We no longer expect another Bank of England rate cut this year, though lower inflation and higher taxes should unlock further ...

The base rate influences rates on products where interest is applied - so for example, mortgages and loans - and it also ...

Chief economist Huw Pill said rates will probably need to be cut more slowly. The warning came with inflation in the UK the ...

An improved UK relationship with the European Union would help the Bank of England keep inflation under control, BOE ...

FILE - A general view of the Bank of England in the City of London, Thursday, March 17, 2022. LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns ...

UK interest rates have been held at 4% as the Bank of England governor warned "we're not out of the woods yet" in terms of ...