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 ...

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

Markets are significantly underestimating the chance that the Bank of England will have to step up the pace of cutting ...

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

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

Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates ...

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

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

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

Inflation Eases, Tesla Soars, and Goldman Sachs Leads Bank RallyWed, 15 Jan 2025 16:59:33 GMT Recent data paint a picture of a UK economy losing steam. GDP growth recorded a standstill in Q3 2023 ...