The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.
This week's figures come amid a particularly turbulent period for Britain's financial markets, with the value of the pound ...
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 should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan ...
The surge in wages, coupled with companies reducing their workforce, “muddies the picture” for the Bank of England in terms of deciding whether to cut interest rates, according to the Resolution ...
Inflation cooled to 2.5% at the end of the year, making it more likely that the Bank of England will continue to lower its ...
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut ...