Bank of England expected to hold interest rates at 4.75 per cent - The Office for National Statistics revealed that inflation ...

The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target ...

The increase, which took inflation further away from the Bank of England's target of 2%, was in line with market expectations. This is the biggest increase since March, leading economists to rule ...

The Bank of England is poised to keep interest rates on hold after inflation surged to an eight-month high and households were told to brace for further price rises. Hopes that the Bank could ...

For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...

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Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...

The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining ...

Economists and traders now expect that February may see the next rate cut, although it could be even later next year.

The Bank of England (BoE) has opted to leave interest rates unchanged at 4.75% in its final decision of the year, as inflation continues to rise. The Monetary Policy Committee (MPC) which sets ...