Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food ...

By Andy Bruce and William Schomberg (Reuters) -British inflation cooled in May as expected by the Bank of England, which is ...

The Monetary Policy Committee is expected to keep borrowing costs on hold this week, but traders are betting on a cut soon ...

For centuries the Bank of England has been the guardian of Britain’s financial health. Now the central bank is facing a ...

Central bank struggles to convey clear sense of direction for monetary policy as key indicators fluctuate, economists warn ...

Bank of England Governor Andrew Bailey said earlier this month that he was sticking with a "gradual and careful" approach to ...

The Bank of England is set to keep rates on hold next week, sticking with its gradual approach to cuts after a reduction in ...

UK job losses are picking up pace, casting doubts over the Bank of England's gradual approach to rate cuts. Click to read.

UK inflation was higher than expected in May, coming in at 3.4%, according to the Office for National Statistics (ONS). Most ...

Most economists think the Bank of England’s Monetary Policy Committee (MPC) will opt to keep rates on hold when it meets on ...

Ahead of her spending review on Wednesday, Chancellor Rachel Reeves faces a set of national accounts drenched in red ink.

The largest downward contribution came from transport while upward contributions came from food, and furniture and household ...