MPC may need more data before it considers cutting interest rates

Bank of England panel meets this month after weak economic figures for NovemberUK GDP: economy shrank in run-up to electionFigures published on Monday showed the economy was going backwards in November while the politicians were out canvassing for vote…

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MPC may need more data before it considers cutting interest rates

Bank of England panel meets this month after weak economic figures for NovemberUK GDP: economy shrank in run-up to electionFigures published on Monday showed the economy was going backwards in November while the politicians were out canvassing for vote…

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UK GDP: economy shrank in run-up to election

Pressure on Bank of England for interest rate cut increases after figures for NovemberThe UK economy shrank in November after a fall in consumer spending and a downturn in manufacturing before the election, raising pressure on the Bank of England for a…

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UK GDP: economy shrank in run-up to election

Pressure on Bank of England for interest rate cut increases after figures for NovemberThe UK economy shrank in November after a fall in consumer spending and a downturn in manufacturing before the election, raising pressure on the Bank of England for a…

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Bank of England governor hints at interest rate cut

World’s central banks running out of options to stimulate economies – Mark CarneyMark Carney has dropped a hint that interest rates could be cut soon to boost the British economy, while warning that the Bank of England is running low on ways to combat …

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Shadow of Brexit still looms over economy. Experts debate the data

Two former members of Bank of England’s rate-setting committee on Britain’s economic prospectsSenior adviser to Cambridge Econometrics and member of the Bank of England’s monetary policy committee from 2006-11 Continue reading…

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Shadow of Brexit still looms over economy. Experts debate the data

Two former members of Bank of England’s rate-setting committee on Britain’s economic prospectsSenior adviser to Cambridge Econometrics and member of the Bank of England’s monetary policy committee from 2006-11 Continue reading…

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Bank of England keeps interest rates on hold despite weak economy

Two members of monetary policy committee vote for cut from 0.75% to 0.5%The Bank of England warned of mounting weakness in the British economy as it kept interest rates on hold despite two members of its rate-setting panel once again voting for an imme…

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UK inflation stays low despite rising cost of chocolate and holidays

Three-year low of 1.5% comes amid speculation that interest rates will be cut soonUK inflation remained at the lowest level in three years in November despite rising prices for a variety of goods including chocolate, concert tickets and package holiday…

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