Wage growth has fallen to its lowest level in more than two years while Britain’s jobless rate jumped by more than expected, ...
The Bank of England still has some way to go before it can celebrate having tamed inflation, its chief economist said Tuesday ...
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in ...
U.K. wages rose at a slower pace in September, opening the way for further rate cuts from the Bank of England.
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the ...
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2% LONDON -- The Bank of England cut its main ...
An important reason why the Bank of England feels it can loosen monetary policy further - to support an economy that's struggling for traction - is that inflation has dropped below the 2% target. The ...
American voters woke up on Wednesday to a second Donald Trump presidency after he was declared the winner in one of the greatest political comebacks in US history. His victory is among the most ...