Deutsche Bank now forecasts inflation could soar to 4.25% by summer, making further rate cuts a dangerous move. Chief UK ...

The Bank of England Monetary Policy Committee, MPC, at its meeting ending on 31 January 2024, voted by a majority of 6–3 to maintain Bank Rate at 5.25%. Two members preferred to increase Bank ...

HM Revenue & Customs is poised to drop Barclays from the line-up of lenders that provide banking services to hundreds of UK ...

The Bank of England's digital pound project faces criticism from former economist Neil Record, who labels it a costly "white elephant".

Dave Ramsden, who is the bank's deputy governor for markets and banking, pointed to the combination of rising inflation and ...

Bank of England policymakers do not have a consensus about how fast the central bank should cut interest rates, even though ...

The Bank’s spending on designing a digital pound, which includes developing other financial technologies, has increased in ...

British home prices will rise faster than previously expected this year, but the increase will be outpaced by surging rental ...

Bank of England Monetary Policy Committee member Swati Dhingra has been reappointed to her role as an external member of the ...

Bank of England policymakers are hopeful that we are in a “hump” and that inflation will fall back to target. The UK rate of inflation reached 3% in January, from 2.5% in December, higher than ...

Dozens of high street banks and building societies have slashed rates on savings products, in a swift response to the Bank of ...

Elon Musk at the first meeting of President Trump’s Cabinet defended his email demanding all federal workers report their ...