The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...

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The Bank of England lowered interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by ...

The Bank of England has cut interest rates to 4.5% - but warned households to brace themselves for higher inflation. Andrew Bailey, the Bank’s Governor, said it would take a “gradual and ...

Bank of England's chief economist Huw Pill has attempted to ease worries about the anticipated rise in inflation, dismissing its causes as "largely mechanical". Despite predictions that inflation ...

The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate.

The Bank of England’s chief economist has played down fears over an expected rise in inflation, saying the causes are “largely mechanical”. Huw Pill said that despite forecasts of inflation climbing ...