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Bank of England cuts UK interest rates
Bank of England's Mann sees inflation pressure keeping rates high
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading upwards, Bank of England interest rate-setter Catherine Mann said on Wednesday.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Trump election boosts UK inflation risks, Bank of England's Mann says
The Bank of England should keep interest rates on hold until upside risks to inflation - including those posed by the election of Donald Trump as the United States' next president - dissipate, a top BoE official said on Thursday.
Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank of England reduced the base rate from 5 per cent to 4.75 per cent on Thursday, following a 0.25 percentage-point cut in August, which was the first drop in four years.
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
Bank of England must look past budget's temporary inflation hit, Pill says
The Bank of England will need to look beyond the temporary inflation boost from last week's budget but must keep a close eye on anything that might add to longer-term price pressures, BoE Chief Economist Huw Pill said on Friday.
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Markets await US inflation for clues on further Fed rate cuts. Opus Energy has agreed to pay more than £7m in refunds, redress and goodwill payments after the regulator Ofgem found that the company overcharged almost 88,
13h
on MSN
UK must keep trade open and EU close in fragmenting world, Bank of England's Bailey says
Britain should stand up for free trade and rebuild ties with the European Union as the global economy fragments, Bank of ...
2h
Bank of England chief points out 'consequences' of Brexit in annual speech
The governor of the Bank of England says the UK must “rebuild relations” following Brexit, in his annual to the City of ...
2d
Bank of England's Pill Says Pay Growth Stuck at High Level
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed ...
Wall Street Journal
2d
Bank of England Still Has Some Work to Do to Tame Inflation, Chief Economist Says
The
Bank
of England
still has some way to go before it can celebrate having tamed inflation, its chief economist said ...
Infosecurity-magazine.com
21h
Bank of England U-turns on Vulnerability Disclosure Rules
The UK’s financial regulators have discarded plans to force critical suppliers to disclose new vulnerabilities ...
8h
Bank of England boss Andrew Bailey slammed for saying UK must ‘rebuild relations’ with Brussels following Brexit
THE Bank of England’s boss says the UK must “rebuild relations” with Brussels following Brexit. Speaking to City bosses, Andrew Bailey said the vote led to weaker trade. He suggested the UK should ...
18h
BoE's Mann says central bank should keep rates on hold given global risks
Bank of England policymaker Catherine Mann said the central bank should keep interest rates on hold until upside risks to ...
13h
Trump’s trade war could hit Britain, warns Bank of England ratesetter
Gas prices surged to their highest level in a year after a warning about a reduction in supplies from Russia. Dutch ...
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inflation
European Union
Catherine Mann
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