Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...

LONDON (AP) — Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower ...

British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...

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

Bank of England set to reveal next decision - Economists expect Monetary Policy Committee to keep rates on hold ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...

Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe ...

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

From the decision: "There has generally been limited news in UK economic indicators relative to the Committee’s expectations in the August Monetary Policy Report. Headline GDP growth is expected to ...

The decision was widely expected, after the Bank of England warned interest rates would have to “remain restrictive for sufficiently long” ...

The Bank of England has maintained its main interest rate at 5%, despite a significant cut from the US Federal Reserve. This ...

The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.