Interest rates must stay high even as the UK economy is teetering on the brink of recession, a rate-setter has said, ...

Interest rates must stay high even as the UK economy is teetering on the brink of recession, a rate-setter has said, ...

The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...

Earlier this month, the Monetary Policy Committee (MPC) voted 7 to 2 to cut the base rate by 0.25% to 4.5%. The bank's ...

Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...

ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures ...

The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

A Bank of England rate setter has called recent UK ... Her comments come after fellow rate setter Catherine Mann voted for a bigger half point rate cut last week. Ms Mann, whose preference for ...

T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of ...

The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S. inflation data, ...