The Bank of England is aiming for Britain's financial system to have an "ample" level of reserves rather than a scarcity or ...

Bank of England interest rate-setter Catherine Mann said on Wednesday that strong demand without corresponding supply-side ...

UK inflation unexpectedly rose to its highest level since January 2024 as food prices jumped, keeping some pressure on the ...

After costly policy reversals by her boss and an unexpected shrinking of the economy, the last thing the Chancellor needed ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...

LONDON — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official ...

Financial services firms are shedding millions in fines as regulators crack down on lax anti-money laundering processes ...

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...

The Bank of England plans to maintain an “ample” level of reserves in the UK financial system – steering away from both ...

The rate of inflation climbed to 3.6 per cent in June – up from 3.4 per cent in May. That’s well above the 2 per cent target ...

If the Bank of England holds interest rates steady again next week, it would be indefensible. The UK economy is clearly ...

Inflation shows how the price of goods and services have changed over time and the Bank of England is set a target of keeping ...