Bank of England, rates and inflation

The Bank of England has cut interest rates to 4.5% - but warned households to brace themselves for higher inflation. Andrew Bailey, the Bank’s Governor, said it would take a “gradual and ...
Inflation edged down to an annual rate of 2.5% in December, from 2.6% the month before, providing a glimmer of hope that the Bank of England might cut interest rates at some point in the coming ...