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 ...

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, ...

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

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, ...