Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...

On this week's market roundup, Bloomberg's Morwenna Coniam, who helps run the UK Markets Today blog, joins Bloomberg UK Wealth Editor at Large Merryn Somerset Webb. They discuss why UK inflation is so ...

Investors remain confident that the Bank of England (BoE) will cut interest rates next month after unemployment rose to a four-year high. This Thursday, data from the Office for National Statistics ...

The jobs market continued to cool in May, raising the pressure on the Bank of England to cut its key interest rate next month ...

Meanwhile, the U.K.'s unemployment rate held steady at 4.6% in the three months to May, equaling a near-four year high and matching expectations from a consensus of economists, who also saw annual ...

Investors remain confident that the Bank of England (BoE) will cut interest rates next month, even as UK inflation rose unexpectedly to a near 18-month high in June as food and fuel prices surged.

Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June.

Will interest rates be cut in August? The key factors for the Bank of England and 2025 predictions - Experts expect a split ...

Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June, official figures showed on Wednesday, potentially making it a tougher call for the ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May, figures from the Office for National Statistics showed Wednesday. That contrasted with the estimates of economists polled by The ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...