Persistent Inflation Stymies Borrower Hopes  The Bank of England is keeping its benchmark interest rate at 4% – a move that ...

The Bank of England holds rates as it seeks to tackle inflation, which remains well above above its 2% target.

The Bank of England has warned that fears of another Labour tax raid are already impacting the economy as it kept interest ...

An influential piece of economic kit also implies that UK interest rates should be higher. The Taylor rule looks at the ...

The monetary policy committee (MPC) voted by 7-2 to keep rates steady at 4%, with two members of the MPS in favor to reduce the separate benchmark "Bank Rate" by 25 basis points. The September ...

Andrew Sentance believes policies in November's Budget will likely contribute to inflation staying higher for longer ...

The Bank of England has held its main interest rate at 4% as U.K. inflation concerns weigh on policymakers. The decision was ...

Inflation in the U.K. held steady at 3.8% in the year to August, a day before the Bank of England is widely expected to keep ...

Bank of England Deputy Governor Sarah Breeden cautioned on Tuesday that maintaining high interest rates for an extended period could harm the economy and push inflation below target.

UK interest rates have been held at 4% as the Bank of England governor warned "we're not out of the woods yet" in terms of ...