The central bank says inflation has come down enough to reduce rates again, but further cuts are up-in-the-air given ...

The Bank of England (BOE) cut interest rates to a 19-month low but it struck a hawkish tone by signalling that only two more ...

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain ...

The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024 - but is ...

The Bank of England’s grim snapshot of the UK economy on Thursday raised fresh concerns about the government’s efforts to lift growth, as the central bank forecast weaker activity, higher inflation, ...

Inflation is a measure of how much the cost of goods ... generally good news for mortgage holders as it can lead to the Bank of England lowering interest rates. These are then passed onto ...

Figures behind the headline CPI inflation rate will be welcome news for the Bank of England, Chancellor Rachel Reeves and potentially anyone looking to remortgage.

Retail prices index (RPI): Another measure of inflation ... is generally preferred for official purposes. The Bank of England uses CPI inflation as a key indicator in its monetary policy decisions ...

The main measure of inflation in the UK, at 2.5 per cent in December, came in 10 basis points lower than both the previous ...

However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...