Interest rates must stay high even as the UK economy is teetering on the brink of recession, a rate-setter has said, ...

Interest rates must stay high even as the UK economy is teetering on the brink of recession, a rate-setter has said, ...

The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...

There are differing voices on the MPC with Catherine Mann voting for a 0.5% cut due to a weakening jobs market, while the ...

The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...

Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...

ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures ...

A Bank of England rate setter has called recent UK ... Her comments come after fellow rate setter Catherine Mann voted for a bigger half point rate cut last week. Ms Mann, whose preference for ...

The UK economy is “static” as it faces cost-of-living pressures from higher energy costs and tariff threats, said the Bank of ...

Sterling climbed to more than $1.25 versus the US dollar after latest ONS data and comments by the Bank of England's chief ...

T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of ...