While tepid, economic growth remains positive globally and, in the U.S., could improve toward the end of the year and into ...

Major Wall Street brokerages have retracted forecasts for a September interest rate cut by the Bank of England as inflation ...

Major Wall Street brokerages have withdrawn their expectations for a September interest rate cut by the Bank of England, as ...

The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...

The UK jobs market has weakened as wage growth slows and the unemployment rate rises, official statistics show. The annual ...

Meanwhile, the U.K.'s unemployment rate held steady at 4.6% in the three months to May, equaling a near-four year high and matching expectations from a consensus of economists, who also saw annual ...

The jobs market continued to cool in May, keeping the Bank of England on course to cut its key interest rate next month, ...

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to finance experts ...

LONDON — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official ...

London's main stock indexes were subdued on Wednesday, as a stronger-than-expected rise in domestic inflation slightly cooled bets of interest rate cuts from the Bank of England.

Britain’s annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June, official figures showed on Wednesday, slightly dampening expectations for further ...

Rising UK inflation in June was bad news for those with a "hopeful eye" on imminent interest rate cuts, according to industry ...