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

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...

Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...

The increase, which took inflation further away from the Bank of England's target of 2%, was in line with market expectations. This is the biggest increase since March, leading economists to rule ...

For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...

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Inflation in the UK has risen to its highest level since March, driven by an increase in fuel prices last month, official ...

The Bank of England is expected to hold interest rates steady at 4.75 per cent on Thursday after it was revealed that inflation in November rose to 2.6 per cent, above the central bank’s target.

The central bank left its main interest rate unchanged at 4.75%, but policymakers were divided over whether rate cuts were ...

Economists and traders now expect that February may see the next rate cut, although it could be even later next year.

The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, further above the bank's 2% target.