In a subterranean vault deep under the streets of the City of London, a small team is rushing to keep up with traders’ orders ...
Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid ...
Consumer prices were 3% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the BOE ...
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 ...
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.
Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.