The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.

Inflation is set to rise to 3 percent in the spring, meaning the Bank of England is unlikely to cut interest rates in the ...

Most economists predict that inflation will stay at its current level – but expect it to increase later in the year ...

The consumer price index excluding food and energy is seen rising 0.2% in December after four straight months of 0.3% ...

Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than ...

The monthly Citi/YouGov survey showed expectations for inflation in a year's time rose to 3.7% in December, Citi said, ...

The pound under severe pressure; a widening budget deficit; a yawning current account imbalance; stubbornly persistent ...

The rise in employers’ national insurance contributions from this April is likely to cause an overall slowing of long-term ...

Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living ...

The December inflation rate is set to rise again when the figures are released next week. The CPI inflation rate stood at 3.5 ...

After years of low rates, high-yield savings accounts are having a moment as the Bank of England (BoE) kept interest rates at 4.75% in December. While homeowners face high mortgage rates, there is a ...

Sarah Breeden, the Bank’s deputy governor for financial stability, also said firms might respond to the tax rises by cutting ...