Bank of England Chief Economist Huw Pill said on Friday inflation pressures were likely to weaken further but there was a ...

If the country learnt anything about the economy on Thursday, it was that even the Bank of England’s most senior officials ...

Huw Pill, chief economist at the Bank of England, stressed there has been ‘progress’ in bringing inflation down in recent ...

Rachel Reeves is facing a £430m “triple lock” headache as spiking inflation pushes up the cost of the state pension.

Rising inflation levels could see pensioners get an almost £500 boost to their state pension next year due to the triple lock ...

Rachel Reeves has praised successive interest rate cuts over the last year but fears of higher interest rates could dampen ...

Interest rates may not fall as quickly or as steeply as expected, Bank of England economist Huw Pill has warned on amid signs ...

Food inflation is set to continue to rise to the end of the year, industry figures have warned, potentially reaching a high ...

2.5 per cent – This part of the lock will almost certainly not apply this year, given inflation and average earnings are far above 2.5 per cent, but theoretically, if it were used, the basic state ...

British stocks closed mixed on Friday as traders digested Thursday's Bank of England rate decision that reignited inflation ...

The Bank of England, Britain’s central bank, on Thursday reduced its short-term interest rate by one-quarter percentage point ...

The Bank of England has cut interest rates to 4%, the lowest level since March 2023, in a move set to bring some relief to ...