The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ ...

UK inflation unexpectedly fell to 2.5 per cent in December, sparking increased expectations of an interest rate cut by the ...

Read Less Inflation edged down to an annual rate of 2.5% in December, from 2.6% the month before, providing a glimmer of hope that the Bank of England might cut interest rates at some point in the ...

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

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 ...

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

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 ...

Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle ...

LONDON, Jan 24 (Reuters) - The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early ...