Sterling climbed to more than $1.25 versus the US dollar after latest ONS data and comments by the Bank of England's chief ...

The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...

A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...

ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures ...

Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher ...

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...

Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...

In a speech delivered in Leeds, Mann explained that the persistence of "embedded inflationary behaviours" had diminished due ...

A member of the Bank of England's rate-setting committee has made a case for a steeper cut to interest rates on expectations that an inflation hump ahead will be temporary.

Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...