Britain borrowed more than expected in June as a jump in inflation pushed up the government's debt costs, adding to speculation about the need for new tax hikes by finance minister Rachel Reeves later ...

At times when interest rates do fall to zero, ‘orthodox’ monetary policy runs out of road. This leaves central bankers rooting around for new tools.

The Bank of England is facing pressure to hold onto more than a quarter of its bond holdings, potentially for decades, after ...

The average UK saver has seen nearly £3,000 wiped off their savings in real terms over the past five years, as inflation outpaced interest rates, new research reveals. Between June 2020 and June 2025, ...

EVF's appeal as a floating-rate income fund is waning due to anticipated interest rate cuts. Read why I do not recommend EVF ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May, figures from the Office for National Statistics showed Wednesday. That contrasted with the estimates of economists polled by The ...

Investors may be fixated on Donald Trump’s attacks on the Federal Reserve, but the Bank of England also faces increasing ...

Gilt yields spike on Reeves exit speculation and CEO of AstraZeneca discusses leaving London - Stock markets updates and business news from Wednesday ...

Interest rates are still on ‘downward’ path, says Bank of England chief Governor Andrew Bailey also highlighted weakness in the UK labour market amid increased economic uncertainty.

Bank of England Governor Andrew Bailey told CNBC Tuesday that "the path of interest rates will continue to be gradually downwards," as the central bank juggles taming inflation and stoking elusive ...