The Bank of England is aiming for Britain's financial system to have an "ample" level of reserves rather than a scarcity or ...

LONDON — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official ...

Bank of England interest rate-setter Catherine Mann said on Wednesday that strong demand without corresponding supply-side ...

UK inflation unexpectedly rose to its highest level since January 2024 as food prices jumped, keeping some pressure on the ...

The Office for National Statistics (ONS) has shown that inflation remained well above the Bank of England's two per cent ...

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...

The rate of inflation climbed to 3.6 per cent in June – up from 3.4 per cent in May. That’s well above the 2 per cent target ...

If the Bank of England holds interest rates steady again next week, it would be indefensible. The UK economy is clearly ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had estimated that inflation would hold steady.

The Bank of England plans to maintain an “ample” level of reserves in the UK financial system – steering away from both ...

Inflation shows how the price of goods and services have changed over time and the Bank of England is set a target of keeping ...

Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn ...