The pound rose to a one-month high against the dollar as the market’s attention turned to the Bank of England (BoE). This ...

Bank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week ...

A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...

NEW YORK >> The dollar rose in choppy trading today after data showed that U.S. job growth slowed in January but that the ...

Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...

The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

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

Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...

Low growth and high inflation means the economy can't afford the government's policies and Reeves must reconsider her looming ...

The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...

Analysts are divided about how far and how fast the Bank of England is likely to cut interest rates this year following ...