HM Treasury has published a letter (dated December 18, 2024) from Andrew Bailey, BoE Governor, in his role as Chair of the Prudential ...

Bank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week ...

A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...

Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...

The Bank of England's chief economist said there was still "reason for caution" on cutting interest rates due to the ...

Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...

Analysts are divided about how far and how fast the Bank of England is likely to cut interest rates this year following ...

Britain's pound ticked higher after dropping on Thursday, when the Bank of England cut interest rates and slashed its UK growth forecasts ...