The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target ...

Bank of England holds interest rates at 4.75% but says UK economy stagnating - The Bank’s Monetary Policy Committee said it ...

Gross domestic product (GDP) measures the value of goods and services produced in the UK. It estimates the size of and growth ...

The Bank of England is expected to hold interest rates at a meeting later today. Most analysts predict the benchmark rate will stay at its current level of 4.75% when the decision is announced at ...

BRITAIN’S economy shrank for a second month in a row in October in the run-up to the government’s first budget, the first ...

RACHEL Reeves admitted she was “disappointed” today after the economy shrank for the second consecutive month.  Britain’s GDP ...

The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to ...

The Bank of England is expected to hold interest rates at 4.75% on Thursday after a jump in inflation made a further cut less ...

In November, the MPC cut the Base Rate to 4.75% from 5%, marking the second reduction of the year. However, with inflation on ...

The UK economy contracted by 0.1% in October, according to the Office for National Statistics (ONS). Economists, polled by ...

Gross domestic product is estimated to have fallen by 0.1 per cent in October, following a contraction in September as well.

Policymakers are likely to prioritise concerns over the recent uptick in inflation, leading to a delay in relaxing policy ...