A top Bank of England official has played down the chances of a string of interest rate cuts despite mounting job losses. Just hours after official figures showed unemployment at a four-year high ...

The Bank of England (BoE) may need to keep higher interest rates for longer than markets are currently pricing in, as inflation could prove more persistent than anticipated, according to the central ...

The Bank of England’s (BoE) chief economist has warned it has been cutting rates too quickly, given the inflation outlook, but added that the path for interest rates remained “downward”. Huw Pill, who ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

The Bank of England cut its key interest rate to 4.25% from 4.5%, a day after the Federal Reserve opted to keep rates on hold. The BOE's move highlights the divergence between the Fed and its ...

The upbeat performance defies earlier warnings of a crisis in business confidence, but brokers are now cautioning that the stronger-than-expected growth may force the Bank of England to take a ...

The services basket, which the Bank of England ultimately cares about most, is affected by a whole swathe of annual price hikes at the start of the financial year in April. Phone and internet bills ...

The Bank of England’s chief economist has warned it has been cutting rates too quickly, and argued its policymakers should have held the level unchanged given inflationary persistence.

Investing.com -- Bank of England’s Chief Economist Huw Pill expressed his reservations on Tuesday about the quick pace of interest rate cuts that have been implemented on a quarterly basis since ...

Hundreds of billions of pounds of so-called quantitative easing (QE) during the financial crisis skewed this perception as the Bank of England repeatedly fired up the printing presses to try to ...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the ...

Bank of England interest rate-setter Catherine Mann said she voted to keep borrowing costs on hold last week – having sought a big 50-basis point cut in February – because Britain’s labour ...