The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
In the United Kingdom, benchmark interest rate is set ... underlying services inflation. Still, the Bank revised its growth forecasts for the current year downward as economic activity has already ...
Though he said that inflation was also likely to rise through most of this year, policymakers still expected the inflation ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
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London (UKX) +0.76% Annual inflation rate in the UK unexpectedly edged lower to 2.5% in December. The Retail Price Index in the United Kingdom advanced ... scanned a host of economic data out ...
The United Kingdom's economy does not present a pretty picture right now: Both growth and unemployment are worse than what the Bank had projected the last time it published economic forecasts in ...