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

The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target ...

The central bank left its main interest rate unchanged at 4.75%, but policymakers were divided over whether rate cuts were ...

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

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their ...

The base rate is currently at 4.75% after it was cut from its previous high of 5.25% - and the Bank of England is due to meet ...

The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist and growth ...

Economists and traders now expect that February may see the next rate cut, although it could be even later next year.

Bank of England Governor Andrew Bailey will accompany British finance minister Rachel Reeves to China next month, Sky News ...

He said: "Predictably, the Bank of England has held interest rates at 4.75% in its final announcement of 2024. "However, what ...