Concern Over Rising Prices Could Scupper Cut  Inflation rose by more than forecast in the 12 months to December, from 3.2% to 3.4%, wit ...

Bank of England Chief Economist Huw Pill said that structural changes in the UK economy may be keeping inflation elevated. The Organisation for Economic Cooperation and Development warned that UK ...

The latest UK economic data present a mixed picture for policymakers at the Bank of England as they consider when to begin easing monetary policy. Consumer price inflation edged higher in December, ...

LONDON, Dec 8 (Reuters) - British inflation is likely to return to its 2% target "in the near term" as wage growth and inflation in the services sector look set to slow further, Bank of England ...

Growing divergence between US and UK monetary policy could increase inflation risks in Britain and complicate the path of interest rate cuts, a Bank of England (BoE) policymaker has warned. Megan ...

LONDON, Nov 6 (Reuters) - The Bank of England is set to announce a potentially knife-edge interest rate decision on Thursday with most investors expecting no change before this month's government ...

LONDON, Dec 18 (Reuters) - British inflation looks on course ‌to return to close to its ‌2% target by April or May next year, about a year earlier than previously expected, Bank of England Governor ...

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 ...

LONDON, Nov 6 (Reuters) - The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew Bailey might soon join those seeking a rate cut boosted the ...

The Bank looks likely to keep rates on hold on 6 November, despite better inflation and wage news. The committee is deeply divided, and we don't expect clear signals on the Bank's next steps. But ...