Wage growth accelerates to 5.6% in new headache for the Bank of England - The surge will complicate the Bank of England’s ...

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

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

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

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 ...

Most analysts had been expecting the inflation rate to stay at 2.6% in December. The latest figures increase the chance the Bank of England (BoE) will slash interest rates at its next meeting on ...

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 ...

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...