In response to a reporter’s question about dollar-for-dollar tariffs, Industry Minister Melanie Joly said the government ‘will take a decision, we need a bit more time right now, but not too ...

The bank said it was focused on risks from a weaker labor market and higher energy prices as conflict in the Middle East ...

Bank of England dove Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate ...

Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more uncertainty about the medium-term picture for price growth but he also noted signs of a slowdown ...

The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest ...

The Bank of England is predicted to keep UK interest rates at 4.25% on Thursday amid rising food inflation and the threat of surging oil prices pushing up the cost of living. Most economists think ...

Tice’s letter to Bailey focuses on the merit of interest payments made on balances held at the Bank of England, resulting from the UK’s 15-year-long quantitative easing (QE) programme.

Photo: toby melville/Reuters The Bank of England will continue to cut interest rates but global economic uncertainty makes it tough to say how far and how fast, top central banker Andrew Bailey said.

The Bank’s nine-person MPC voted by a majority of five to four to reduce rates by 0.25 percentage points. Two members of the MPC, Swati Dhingra and Alan Taylor, wanted to push through a bigger 0.5 ...

Matt Smith, mortgage expert at Rightmove, said: “As the rate of inflation stays above 3%, the expectation is that the Bank of England is set to act cautiously. Anticipation had risen that we may ...

Minister Mélanie Joly vows tariff fight, job protection in visit to Hamilton’s Dofasco The Liberal MP says 50 per cent U.S. tariffs on steel are a “direct attack” on Hamilton and local workers.