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

Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.

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

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

Andrew Bailey has warned that Britain’s bloated public sector is dragging down the economy after the Bank of England slashed ...

The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this ...

Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...

Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

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