Alan Taylor, an external member of the Bank's Monetary Policy Committee (MPC), said a series of radical cuts could be on the ...
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
Interest rates have been held by the Bank of England at 4.75% after inflation rose for the second month in a row. The base rate has come down in recent months from its high of 5.25% - but news of ...
high inflation and high interest rates. Sound familiar? Inflation in Britain is running ahead of expectations at 2.6 per cent and the Bank of England has just held rates at a restrictive 4.75 per ...
The Bank of England has voted against a further cut to interest rates, after the latest annual UK inflation figures hit 8-month high. The nine rate-setters on the Bank’s Monetary Policy ...
The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, further above the bank's 2% target.
The Bank of England held interest rates at 4.75 per cent today, while downgrading economic forecasts for the UK towards stagnant growth. Only six members of the Bank’s Monetary Policy Committee voted ...
The Bank of England (BoE) has opted to leave interest rates unchanged at 4.75% in its final decision of the year, as inflation continues to rise. The Monetary Policy Committee (MPC) which sets ...
A BATTLE is brewing within the Bank of England as the nine people who decide Brits’ borrowing costs are at odds over the timing of interest rate cuts. The Bank yesterday held interest rates at 4 ...
Simply sign up to the UK interest rates myFT Digest -- delivered directly to your inbox. The Bank of England has warned that stubborn inflation will prevent it from cutting interest rates quickly ...