Annual price increases have accelerated for two consecutive months, pushing inflation above the Bank of England’s 2% target ...
The U.K.’s central bank warned Thursday of “heightened uncertainty" as it kept interest rates on hold after inflation moved ...
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 (BOE) ended its final meeting of 2024 with a decision to hold interest rates steady at 4.75%. The move ...
Inflation in the U.K. has risen to its highest level since March. It's being driven by an increase in fuel prices last month.
As we approach the end of 2024, the economic news does not look good. The economy is assessed as having flatlined (zero GDP ...
For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...
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Inflation in the UK climbed to 2.6 per cent in November, it was revealed today, as the rise in the cost of living accelerated ...
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 ...