Inflation in the United Kingdom rose in December for the first time in five months, pushing further above the Bank of England ...

The BoE’s Monetary Policy Committee voted 5-4 last month to cut its key interest rate to 3.75% from 4%. Greene opposed the move. Although BoE Governor Andrew Bailey has forecast that inflation will ...

Inflation in the United Kingdom’s economy continued to be above the Bank of England’s target in December at 3.4%.

LONDON, Jan 23 (Reuters) - Bank of England policymaker Megan Greene said on Friday she remained concerned about signs of the ...

The uncomfortable truth is that no inflation target is fiscally neutral any longer. A rigid commitment to 2% risks prolonged tight policy, weaker nominal growth and repeated damage to the tax base. A ...

In December, the UK's inflation rose to 3.4%, influenced by higher taxes on tobacco and holiday expenses, surpassing the Bank ...

UK inflation rose to 3.4% in December, beating forecasts and strengthening expectations that the Bank of England will keep ...

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 ...

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 ...

"We can now see inflation at target in mid-2026, rather than having to wait until 2027 as in our previous projection," Taylor stated in a speech prepared for delivery at the National University of ...

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 ...

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 ...