The Bank of England's base rate reached a recent high of 5.25% in 2023, but five cuts since August 2024 have brought it down ...

Bank of England’s top economist calls for ‘more cautious’ interest rate cuts - Huw Pill, chief economist at the Bank, said in ...

The data front remains relatively quiet; however, keep an eye on the UK CPI inflation data for September, which will likely determine whether a Bank of England rate cut will be considered in November.

Chief economist Huw Pill said rates will probably need to be cut more slowly. The warning came with inflation in the UK the ...

Last year’s Budget ultimately boosted inflation through measures such as increases to vehicle excise duty, a rise in ...

LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as inflation in the U.K. remains almost double its target of 2%. The decision was widely anticipated, as was the split ...

The Bank of England will make changes to explain in more detail its decisions on interest rates and other monetary policy ...

LONDON — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers. The decision was widely anticipated, as was the split of votes on the ...

FILE - A general view of the Bank of England in the City of London, Thursday, March 17, 2022. LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns ...