For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...

As we approach the end of 2024, the economic news does not look good. The economy is assessed as having flatlined (zero GDP ...

Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short ...

Government borrowing costs have surged to their highest level this year ahead of the Bank of England’s next interest rate ...

The Bank of England on Thursday kept its key interest rate at 4.75 percent, deciding against a cut in line with the US ...

Interest rates are expected to rise in the new year and mortgage borrowers who are coming to the end of a fixed-rate deal may ...

Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...

Economists and traders now expect that February may see the next rate cut, although it could be even later next year.

Move to ease tight monetary policies of previous 2 years came as more central banks felt their 2% inflation targets could be ...

The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved ...