Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid ...

A flurry of often contradictory UK economic data and surveys this week has left the Bank of England none the wiser about whether Britain's economy is more at risk of a wave of job losses or a new ...

Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global ...

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.

The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record set last week of ...

The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than ...

LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.

Interest rate futures were pricing about 52 basis points of reductions to the BoE's Bank Rate by December - equivalent to ...

T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of England Governor Andrew Bailey. The market’s cautious ...

In the United Kingdom, benchmark interest rate is set by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market ...