The Bank of England kept interest rates unchanged in its December meeting. However, three monetary policy committee members ...

Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...

Latest job market data from the ONS shows that wages grew faster than inflation from September to November, but also reveal a ...

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...

LONDON (Reuters) - British inflation unexpectedly slowed last month and core measures of price growth - tracked by the Bank ...

The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...

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, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...

Analysis: Milder inflation has brought hope that the Bank of England may lower interest rates, saving borrowers vast sums on ...