Bank of England's Pill says pay growth stuck at high level
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target.
U.K. Pay Increases Slow Again as Bank of England Mulls Further Rate Cuts
U.K. wages rose at a slower pace in September, opening the way for further rate cuts from the Bank of England.
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%.
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.
Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
Following the Bank of England’s decision to cut the base rate, chancellor Rachel Reeves, said: “Today’s interest rate cut will be welcome news for millions of families, but I am under no illusion about the scale of the challenge facing households after the previous government’s mini-budget.
Bank of England policymaker pledges to ‘move big’ when ready to cut rates
Bank of England policymaker pledges to ‘move big’ when ready to cut rates - Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee, has not yet opted to reduce rates.
Hosted on MSN5h
Bank of England's Mann sees inflation pressure keeping rates high
LONDON (Reuters) -High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank ...
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Inflation figures closely watched by US Federal Reserve; core inflation holds steady at 3.3%.   14:51 Germany’s ...
The Mirror6h
Bank of England policymaker says she will 'move big' when ready to cut rates
Bank of England policymaker Catherine Mann has stated that she's prepared to "move big" on interest rate cuts when it's ...
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 ...
Nationwide, Santander and HSBC HIKE mortgage rates despite Bank of England cut – see the full list
MORTGAGE borrowers are being hammered with higher costs as major lenders hike rates and pull top deals despite a recent cut ...
Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...