Bank of England Chief Economist Huw Pill said on Friday that interest rates will probably need to be cut more slowly because ...

Last year’s Budget ultimately boosted inflation through measures such as increases to vehicle excise duty, a rise in ...

Huw Pill, chief economist at the Bank, emphasised the importance of policymakers avoiding slashing interest rates "too far or ...

The Bank of England needs to be "very cautious" about future rate cuts as British inflation looks set to remain the highest ...

The Bank of England holds rates as it seeks to tackle inflation, which remains well above above its 2% target.

The Bank of England's top economist has cautioned against hasty reductions to borrowing costs while the consumer price index (CPI) rate of inflation remains stubbornly elevated. Huw Pill indicated ...

An improved UK relationship with the European Union would help the Bank of England keep inflation under control, BOE ...

LONDON (Reuters) -The Bank of England looks poised to cut interest rates for the fifth time in 12 months on Thursday but nagging worries about inflation are likely to split its policymakers and cloud ...

We no longer expect another Bank of England rate cut this year, though lower inflation and higher taxes should unlock further ...

Huw Pill, chief economist at the Bank, said in a speech in London that he "would expect further cuts" in the interest rate ...

FILE - A general view of the Bank of England in the City of London, Thursday, March 17, 2022. LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns ...

UK interest rates have been held at 4% as the Bank of England governor warned "we're not out of the woods yet" in terms of ...