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

The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank's monetary ...

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

Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ ...

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

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

Inflation unexpectedly came in below expectations in December but remains above the Bank of England's 2 per cent figure. At its peak, inflation stood at 11.1 per cent. The latest ONS figures ...

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

Analysis: Milder inflation has brought hope that the Bank of England may lower interest rates, saving borrowers vast sums on ...

Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...