Bank of England Governor Andrew Bailey said earlier this month that he was sticking with a "gradual and careful" approach to ...

The British economy will grow a mild 1% this year with the Bank of England set to cut interest rates two more times in 2025, ...

The Bank of England is forecast to keep its Bank Rate on hold at 4.25% next week, followed by a likely one quarter-point rate ...

The GBP/USD exchange rate jumped to its 1.3630 this week, its highest level since February 2022 as the US dollar index (DXY) ...

Andrew Bailey said the prospects for easing the burden on Brits were 'shrouded in a lot more uncertainty', largely due to ...

Unemployment is at its highest level since July 2021 as the implications of the Chancellor's Autumn Budget continue to weigh ...

EU mid-market update: Stagflationary UK job report increases Bank of England rate cut bets; US-China talks continue in London ...

Andrew Bailey cited the loosening of the UK's labour market as one key indicator in the bank's most recent decision.

Will interest rates be cut next week? The key factors for the Bank of England and 2025 predictions - Analysts expect a split ...

Financial markets anticipate another 25 basis point cut to the ECB's key deposit rate from 2.25% to 2%, ahead of further cuts ...

Experts said the setback added weight to the case for a reduction in August. Rate-setters meet next week but few think a cut ...

Several economists believe there will be just one more base rate cut this year as a result of higher than expected inflation ...