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Monetary policy to remain "restrictive for an extended period of time," the Bank of England governor said

  • December 14, 2023 December 14, 2023
  • 14:56

Quarterly outcome was nevertheless slightly ahead of analysts' expectations for a modest decline in output

  • November 10, 2023 November 10, 2023
  • 09:34

The central bank warned that borrowing costs will likely stay elevated for some time

  • November 2, 2023 November 2, 2023
  • 11:39

Nevertheless, Bank of England not expected to raise interest rates at next policy meeting

  • October 18, 2023 October 18, 2023
  • 11:49

The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

  • September 21, 2023 September 21, 2023
  • 11:31

Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July

  • September 20, 2023 September 20, 2023
  • 10:36

Annual rate falls to 6.8% largely driven by lower energy prices, according to Office for National Statistics

  • August 16, 2023 August 16, 2023
  • 13:29

Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row

  • August 3, 2023 August 3, 2023
  • 10:44

Fuel prices were the biggest driver behind the drop

  • July 19, 2023 July 19, 2023
  • 14:17

Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago

  • July 12, 2023 July 12, 2023
  • 12:06