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

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

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 ...

Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates ...

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...

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 ...

Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

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

The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...

Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut ...

The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan ...