The Bank of England cut interest rates earlier this month, from 4.5% to 4.25%, citing easing inflation, and had revised down ...

A Bank of England policymaker has warned that interest rates have fallen "too fast" and risk pushing UK inflation up again.

But April’s spike was also fuelled by Reeves’s autumn Budget tax raid, most notably the rise in employer’s National Insurance ...

The higher inflation is, the bigger is the risk of interest rates staying high and, in turn, the prospect of mortgage rates ...

Interest rates were cut last month, with the Bank of England slashing them from 4.50% to 4.25% on 8th May. It was a three-way ...

Reeves defends ‘necessary’ winter fuel payment cuts amid speculation over U-turn - Senior government figures are in talks ...

Bank of England Governor Andrew Bailey and British finance minister Rachel Reeves have raised the prospect of the BoE making ...

Traders only expect two more cuts this year, in August and November. That would still leave bank rate at 3.75% by year end.

The government and Bank of England’s aim is to bring it down to 2%. The latest data comes despite chancellor Rachel Reeves’s repeated pledges to put more money in people’s pockets. Huge Boost For ...

Better than expected figures could still leave chancellor needing to raise taxes or cut spending in autumn, analysts say ...