Annual price increases have accelerated for two consecutive months, pushing inflation above the Bank of England’s 2% target ...

Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month ...

The Bank of England is expected to hold interest rates steady at 4.75 per cent on Thursday after it was revealed that ...

The biggest increase since March and the second rise in two months is likely to cement market expectations that the Bank of ...

UK households are always looking for ways to make their money go further amid the cost-of-living crisis and savings accounts ...

The Bank of England on Thursday kept its key interest rate at 4.75 percent, deciding against a cut in line with the US ...

The Bank of England is poised to keep interest rates on hold after inflation surged to an eight-month high and households were told to brace for further price rises. Hopes that the Bank could ...

For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...

LONDON (AP) — The U.K.’s central bank warned Thursday of “heightened uncertainty" as it kept interest rates on hold after ...

Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...

As we approach the end of 2024, the economic news does not look good. The economy is assessed as having flatlined (zero GDP ...

The increase, which took inflation further away from the Bank of England's target of 2%, was in line with market expectations. This is the biggest increase since March, leading economists to rule ...