The Bank of England will cut interest rates in December and again early next year as inflation cools over coming months, ...

Interest rates were held at 4% in a tight vote as the Bank of England said it judged inflation in the UK to have peaked. Policymakers voted 5-4 in favour of leaving rates unchanged on Thursday but ...

British government budget measures to cut household energy bills by 150 pounds ($199) a year may help lower the public's inflation expectations, but it is too soon to draw a clear view, Bank of ...

The Office for Budget Responsibility has projected British consumer price inflation to average 2.5% in 2026, revising its ...

Rachel Reeves cleared the path for the Bank of England to resume cutting interest rates next month, even though her budget was less inflation-battling than had been expected only a few weeks ago.

Inflation declined in October for the first time since May, strengthening expectations that the Bank of England will cut its ...

As the chart below shows, UK price growth remains high by European standards. This matters to the government: gilt yields are ...

The budget is unlikely to cool inflation in a sustained manner that would open the way for many more rate cuts, economists ...

A Bank of England official has acknowledged that what happens at the despatch box latest this week will be crucial.

Slower growth in energy prices were behind a fall in the UK inflation rate to 3.6% which could prompt a pre-Christmas cut in ...

LONDON — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers. The decision was widely anticipated, as was the split of votes on the ...