Rolling coverage of the latest economic and financial news. US consumer confidence weakens as consumers worry about jobs ...

Interest rates will head downwards gradually towards a "a neutral rate", Bank of England Governor Andrew Bailey said in an ...

The Bank of England should be able to lower interest rates gradually as it gains confidence that inflation will remain close ...

The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its ...

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...

The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K.

The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures ...

The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.

The Bank of England has given Chancellor of the Exchequer Rachel Reeves a £4 billion ($5.3 billion) lifeline to help ease ...