The Bank of England has been warned it may need to slam the brakes on its interest-rate cutting spree amid growing fears of another inflation shock

Bank of England policymakers do not have a consensus about how fast the central bank should cut interest rates, even though they all agreed to use the word "gradual", Monetary Policy Committee member Swati Dhingra said on Monday.

BANK of England (BOE) governor Andrew Bailey thinks a renewed bout of inflation is nothing to worry about. Former policymakers are less convinced and say the central bank may need to pause its interest-rate cutting cycle.

Copyright 2025 The Associated Press. All Rights Reserved. A man is silhouetted in front of the Bank of England in London, Thursday, Feb. 6, 2025 which is widely ...

British home prices will rise faster than previously expected this year, but the increase will be outpaced by surging rental costs as demand outstrips supply, a Reuters poll found.

For centuries, gold has been the go-to haven asset in times of political and economic uncertainty. The fact that it’s tangible gives people a sense of safety.

Bank of England Monetary Policy Committee member Swati Dhingra has been reappointed to her role as an external member of the central bank's rate-setting body for a second three-year term, the British government said on Monday.

The US bank JPMorgan and the UK’s HSBC are reportedly shifting gold bars from London to New York. About 8,000 gold bars are estimated to have been removed from the Bank of England’s vaults over the past few months.

Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England LONDON -- Inflation in the U ...