The Bank of England will hand its staff an inflation-matching 3% pay rise in 2025-26, an award that may disappoint some ...

Russ Mould, AJ Bell investment director, Danni Hewson, AJ Bell head of financial analysis and Dan Coatsworth, AJ Bell investment analyst, anticipate the BoJ to leave rates at 0.5% this week, while the ...

The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for 18 months. It is the third cut since August 2024, but the Bank said it will take a "gradual and careful ...

Taxpayers will have to foot a £130bn bill over the next five years to cover the Bank of England’s (BoE) losses stemming from its bond-buying programme, a burden that critics are describing as a ...

Speaking on Sophy Ridge's show on Sky News, Mervyn King acknowledged the government was in a "very difficult position," but criticised it for a lack of ambition.

The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank's current Chief Cashier, as its new ...

LONDON, Feb 13 (Reuters) - The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Andrew Bailey, Governor of the Bank of England, speaks during the Bank of England Monetary Policy Report press conference at the Bank of England, London. Alberto Pezzali/PA Wire Andrew Bailey said ...