bank-of-england / English

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After the two hottest days of the year so far last weekend, with 26C highs, all eyes are now turning to the late May bank holiday and whether the UK will roast once more.

Huw Pill said it was 'not unreasonable' to expect Threadneedle Street to consider cutting interest rates over the summer.

Andy Haldane, the former chief economist for the Bank of England discussed whether cutting taxes is a viable option in a chat with Robert Peston.

Latest UK labour market report shows more people out of work, or economically inactive, but wage growth remains higher than inflation

The number of people out of work grew for the first time in a year

Huw Pill, the Bank's chief economist, said it is "not unreasonable" to expect the Bank to consider cutting interest rates over the summer if inflation continues to ease off.

MP criticises policies on interest rates and bond-selling as Tory rightwingers call for review of Bank’s independence

The Bank of England has admitted that mass migration is a chief factor in the increasing cost of rent in the country.

The Bank of England, in London, has entered discussions regarding the UK’s interest rates, a decision that is crucial for the economic well-being of the nation. A meeting is scheduled for May 9, 2024, with speculation pointing towards the…

Should the MPC have been bold and made a cut? What does it mean for our mortgages and savings? And when will a move come - and in what direction?

The Bank of England made “persistent and systematic” errors in its forecasts about inflation, one of its policymaker has said.

A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.

Yesterday, the Bank of England published its interest rate decision. According to ForexFactory, the votes were distributed as follows: → rate hike – 0 votes, cut – 2 votes, unchanged – 7 (0 – 2 – 7); → forecast: 0 – 0 – 9; → previous…

CHANCELLOR Jeremy Hunt yesterday urged the Bank of England not to cut rates too quickly and risk raising them again.

CHANCELLOR Jeremy Hunt yesterday urged the Bank of England not to cut rates too quickly and risk raising them again.

A SUMMER boost of lower interest rates could be on the way after the Bank of England said it was “optimistic” that inflation is falling.

A SUMMER boost of lower interest rates could be on the way after the Bank of England said it was “optimistic” that inflation is falling.