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 ...

Bank of England Chief Economist Huw Pill has backed the cautious approach to interest rates set out by the bank. On Thursday, ...

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

The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...

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, ...

The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...

Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...

Why have they been cut and what does it mean? - The PA news agency looks at the outcome of the Bank of England’s decision, ...

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

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave troubles global economists. Stubborn consumer-price growth was bothering ...

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 ...