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

Read Less Inflation edged down to an annual rate of 2.5% in December, from 2.6% the month before, providing a glimmer of hope that the Bank of England might cut interest rates at some point in the ...

Latest figures show that UK inflation dropped last month, potentially affecting the Bank of England's interest rate decision ...

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.

Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.

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 ...

Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...

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

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 ...

Markets are significantly underestimating the chance that the Bank of England will have to step up the pace of cutting ...