The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...

This week's figures come amid a particularly turbulent period for Britain's financial markets, with the value of the pound ...

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

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...

Alan Taylor, a member of the Bank's monetary policy committee, said the UK is 'in the last half mile on inflation' ...

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 ...

The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...

The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.

UK inflation marginally fell in the year to December but remained stubbornly above the Bank of England' s 2% target. Consumer ...

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