Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

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, ...

Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ...

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 ...

The Bank of England (BoE) has cut interest rates from 4 per cent down to 3.75 per cent, the fourth rate cut of the year as inflation continues to ease. Monetary Policy Committee (MPC) members voted ...

The Bank of England cuts its benchmark rate by a quarter point to 3.75% as expected, sending gilts falling and the pound higher. The FTSE 100 also rises. The monetary policy committee voted 5-4 in ...

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 ...

The UK's Consumer Price Index (CPI) measure of inflation rose by 3.4% in the 12 months to December, in part due to rising ...

The Bank of England’s (BoE) MPC has cut interest rates from 4% to 3.75% The MPC last met on 6 November when it held rates at 4% The market was widely expecting the MPC to lower interest rates ...

UK headline inflation slows to 3.2%, undershooting expectations and sending the pound to a low for the day. Traders add to bets for rate cuts from the Bank of England through 2026. Join the Markets ...

Rolling coverage of the latest economic and financial news ...