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 ...

There are differing voices on the MPC with Catherine Mann voting for a 0.5% cut due to a weakening jobs market, while the ...

Looks like central bankers have discovered a new word for “transitory”, with today’s hump in inflation prompting equity ...

Indeed, core services inflation was up to 5 per cent from 4.4 per cent previously. Earlier this month the BoE cut rates after ...

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, ...

There's been a growing air of pessimism around the labour market since Labour's maiden Budget, and with good reason.

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

A Bank of England rate setter has called recent UK growth figures “uncomfortable”, and argued that policymakers should be cautious when cutting interest rates.

The Pound Sterling (GBP) registered modest gains versus the US Dollar (USD) on Monday in thin liquidity trade due to the ...