The Governor of the Bank of England has urged continued US support for two major global economic institutions. Andrew Bailey ...

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

Inflation is also expected to 'rise quite sharply' later this year due to higher water bills, bus fares and energy costs and ...

Bank of England Governor Andrew Bailey cautioned markets against reading too much into the vote split of its interest-rate ...

The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...

Missouri AG Andrew Bailey defended Trump's opening volley of executive orders, saying he within his rights to end birthright ...

"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by ...

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

The Bank of England has reduced interest rates, predicting a temporary inflation rise and halving its growth forecast.

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...