Purchasing managers’ surveys in the U.S. and a number of other countries will be watched closely. A decision by the European ...

Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...

The UK jobs market has weakened as wage growth slows and the unemployment rate rises, official statistics show. The annual ...

A leading City forecaster has advised Bank of England policymakers to vote to hold interest rates at its next meeting in August to help battle rising inflation. Robert Wood, UK economist at Pantheon ...

Investors remain confident that the Bank of England (BoE) will cut interest rates next month after unemployment rose to a four-year high. This Thursday, data from the Office for National Statistics ...

Meanwhile, the U.K.'s unemployment rate held steady at 4.6% in the three months to May, equaling a near-four year high and matching expectations from a consensus of economists, who also saw annual ...

Thousands of jobs were lost in June, official data has shown, putting the Bank of England under greater pressure to deal with ...

Bank of England Governor Andrew Bailey advocated for greater international cooperation, particularly between the US and China, to address global economic imbalances.

The governor of the Bank of England has expressed doubts about the necessity of a digital pound, or CBDC, questioning its role in the future of money. Andrew Bailey emphasized the importance of ...

Bank of England Governor Andrew Bailey said he isn't yet convinced that the U.K. actually needs a CBDC, which would be a ...

Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the ...

The Mansion House dinner is one of the few occasions when the governor of the Bank of England and the Chancellor appear on ...