Interest rates were held at 4% in a tight vote as the Bank of England said it judged inflation in the UK to have peaked.
It comes as UK average regular earnings growth fell to 4.6% over the same period to September. That figure was 0.8% higher ...
Sterling edged up versus the dollar and euro on Wednesday after data showed inflation in Britain at a nearly 30-year high, ...
Britain's labour market cooled noticeably in the third quarter as wage growth slowed and the unemployment rate jumped, according to data on Tuesday that will bolster expectations for a Bank of England ...
The ONS revealed today that unemployment rose to 5.0% in the three months to the end of September. That’s up from 4.8% in the ...
A Reuters poll of economists had mostly expected regular annual wage growth of 4.6% for the July-September period, slightly ...
The Bank of England's base rate reached a recent high of 5.25% in 2023, but five cuts since August 2024 have brought it down ...
Inflation in the U.K. has unexpectedly held steady in the year to September, according to official figures released Wednesday. The Office for National Statistics reports consumer prices rose by ...
UK interest rates are widely expected to be kept at 4% but Bank of England policymakers are "deeply divided" about the threat of inflation, economists say.
UK CPI inflation came in at 3.8% for September, unchanged from the previous month, with analysts having forecast a reading of 4%. Follow our live coverage for the latest reaction and the implications ...
The Bank of England is expected to hold its key interest rate unchanged on Thursday but some analysts are not ruling out a ...
FTSE 100 reaches record high as UK unemployment hits 5% and wage growth slows to 4.8%. Markets price in 80%+ chance of ...