The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Alan Taylor, a member of the Bank's monetary policy committee, said the UK is 'in the last half mile on inflation' ...
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
The Bank of England postpones tougher bank capital rules to 2027 due to uncertainties surrounding U.S. policies. This move ...
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...