LONDON: Last week's interest-rate cut at the Bank of England (BoE) has been perhaps the most divisive yet under Andrew Bailey ...

The Bank of England lowered interest rates by a quarter point to 4 per cent on Thursday, but the knife-edge vote and higher inflation forecasts prompted investors to rein in bets on further cuts.

Labour chancellor has warned the public that the change they voted for in last summer’s election was ‘never going to happen ...

Nationwide Building Society will cut interest rates for variable mortgage rate customers by 0.25% next month. The decision ...

Employers across the UK are slowing hiring as they grapple with higher labour costs and the threat of more tax increases ...

UK employers are cutting back hiring in response to higher labour costs and the threat of further tax increases, according to several gloomy business surveys that will fuel concerns about the effects ...

This week's Bank of England decision to cut interest rates 'offers some relief' to the automotive industry. That is according ...

The Bank of England has cut interest rates for the fifth time in a year to 4% as it warned that climbing food prices would cause inflation to jump higher this year.

KUWAIT: Markets reacted to a wave of economic developments this week, led by President Trump nominating Fed critic Stephen Miran to a vacant board seat, boosting expectations for a September rate cut ...

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