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

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

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

The U.K.’s central bank has kept interest rates on hold as inflation moves further above its target rate, even though the ...

BANK OF ENGLAND MONETARY POLICY SUMMARY, DECEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2 ...

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

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...

Bank of England policymakers split over whether to cut interest rates on Thursday with more officials than expected seeking ...

There was surprise support for a fresh rate cut at the meeting which has revived hopes for borrowers that some further relief ...

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

Let’s go way back to the start of this week. Markets expected the Bank of England to provide an uneventful pre-Christmas ...