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

Persistent inflation could support USD and Treasury yields ... “prefer to move their reserves into other currencies until the chaos is over.” The Bank of England’s limited scope to cut interest rates ...

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 ...

Only two experts anticipate inflation falling beneath the Bank of England's 2 percent target by 2025, with 40 percent ...

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

Britain is suffering from the highest price rises in the G7, new figures show, as fears of even higher inflation mount ...

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

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

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

Inflationary pressures are likely to prove frustratingly persistent, a Bank of England survey suggests, as firms prepare to ...

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 ...