LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more ...

Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more uncertainty about the ...

Taylor said the expected slump in demand due to a higher global average tariff rate should drive officials to vote for ...

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

Retaining the inflation target would remove some uncertainty about the process and reassure market participants about policy ...

The policy remains restrictive and it will continue to be restrictive. Although the level of restrictiveness will come down ...

The Bank of England is sticking to its policy of removing monetary policy restrictiveness in a “careful and gradual” series of rate reductions, which has amounted to one quarter point cut every three ...

Last month, the Bank of England held interest rates at 4.25% after four cuts over the past year, bringing it from a recent ...

British food prices accelerated by the most since March 2024 in June, pushing up overall shop prices rose for the first time ...

Bank of England governor Andrew Bailey has cautioned over growing evidence that employment tax hikes are hitting pay and jobs ...

Bank of England (BOE) Governor Andrew Bailey has reaffirmed that interest rates in the UK are set to move “gradually ...

The Labour government’s payroll tax is costing the UK jobs, depressing workers’ earnings and pushing up food prices, Bank of ...