Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
It is a clear strategy ahead of local, Scottish and Welsh elections in May, driven in part by difficulties in boosting ...
Andrew Bailey said in 2023 that the central bank had ‘very big lessons to learn’ - Yui Mok/Reuters The Bank of England has ...
RECAP: Asian stocks rose yesterday as non-US assets found favour with global investors concerned about more policy ...
London's FTSE 100 was little changed on Friday, closing 0.07% lower as fresh economic and private sector data releases hit the market. Retail sales in the UK edged up 0.4% month over month in December ...
Although the British job report was mostly negative, inflation rose more than expected to 3.4% ...
GBP/USD surges during the North American session over 0.31% on stronger than expected Retail Sales and PMI data, even though ...
Megan Greene says apparent end to the decline in wage growth could hinder fight against inflation ...
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 ...
The Euro (EUR) weakens against the British Pound (GBP) on Friday, with Sterling outperforming its major peers after ...
Bank of Japan Keeps Rates at 30-Year High; Fed's Preferred Inflation Metric Held Steady in the Fall By Vicky Ge Huang . Today ...
British firms have reported the fastest upturn since before Prime Minister Keir Starmer's government took office but also a rise in inflation pressures, ​according to a survey that prompted investors ...