The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

UK inflation unexpectedly fell to 2.5 per cent in December, sparking increased expectations of an interest rate cut by the ...

The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.

Read Less Inflation edged down to an annual rate of 2.5% in December, from 2.6% the month before, providing a glimmer of hope that the Bank of England might cut interest rates at some point in the ...

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...

The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...

While this is better than expected it means inflation is still increasing above the Bank of England target of 2 per cent. At the start of November, base rate was cut to 4.75 per cent from 5 per ...

Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...