Annual price increases have accelerated for two consecutive months, pushing inflation above the Bank of England’s 2% target ...

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 ...

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 ...

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 ...

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Investors had been expecting a continued normalisation of interest rates and inflation next year. The committee’s “dot plot” ...

In response the rate-setting panel, which last cut its key rate in November, is taking a cautious stance because lower borrowing costs could potentially stoke inflation even further. The U.K.'s ...

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

The cautious BoE, which had cut rates in August and November, responded to a pick-up in wages and prices last month, suggesting inflation might not be fully back in its box. The Bank of England ...