The  Bank of England’s decision to cut interest rates has been widely welcomed by business, but it comes with caveats. The ...

The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...

"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and ...

Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...

LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...

European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months.

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

The rate cut initially put sterling under pressure although it rallied from lows. The pound was quoted lower at USD1.2444 at the London equities close on Thursday, compared to USD1.2513 at the close ...