Bank of England expected to hold interest rates at 4.75 per cent - The Office for National Statistics revealed that inflation ...

The number dipped below the Bank of England’s 2 per cent target as recently as September when it came in at 1.7 per cent. But that is now a distant memory. Core inflation, a measure of the ...

This article reports on the pound's performance as the best major currency against the dollar this year, outlined in light of ...

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

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

LONDON (AP) — The U.K.’s central bank warned Thursday of “heightened uncertainty" as it kept interest rates on hold after ...

The faster price gains for consumer goods like food and energy place inflation outside the Bank of England’s target rate of 2 per cent, which means a fall in interest rates is unlikely ...

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...

Stubborn inflation is hitting Britons in the pocket and any realistic chance of another Bank of England base rate cut this year was crushed this morning, as the official data added to fears of an ...

The Bank of England held interest rates steady at 4.75 per cent on Thursday after it was revealed that inflation in November rose to 2.6 per cent, above the central bank’s target. The move keeps ...

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