The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ ...

The main measure of inflation in the UK, at 2.5 per cent in December, came in 10 basis points lower than both the previous ...

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...

The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...

Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...

Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...

Analysis: Milder inflation has brought hope that the Bank of England may lower interest rates, saving borrowers vast sums on ...

LONDON, Jan 24 (Reuters) - The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early ...

Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle ...