The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, ...
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
It means inflation has been above the Bank ... monitors price changes over the previous 12 months to calculate inflation. The main inflation measure is called the Consumer Prices Index (CPI ...
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...