Bank of England rate-setter Catherine Mann warned that shockwaves from a global trade war sparked by Donald Trump would hit ...

Images. The pound to euro exchange rate surged to 1.2103 on Monday amidst a frantic sell-off in the euro, but it has since ...

High energy prices may push up inflation and slow pace of rate cuts, Monetary Policy Committee member Catherine Mann warned.

LONDON (Reuters) - High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth ...

Images. The pound to euro exchange rate surged to 1.2103 on Monday amidst a frantic sell-off in the euro, but it has since ...

London’s main stock index slid to its lowest closing price for three months this afternoon amid a global sell-off. Top mining ...

The FTSE 100 index slumped 99.42 points, 1.2%, at 8,025.77. The FTSE 250 closed down 295.73 points, 1.4%, at 20,427.80. The AIM All-Share fell 7.07 points, 1.0%, at 730.86.

Bank of England chief economist Huw Pill has said the pressures caused by UK wage growth remains high, potentially challenging efforts to bring inflation sustainably down to the central bank's 2% ...

Also denting sentiment, Bank of England Chief Economist Huw Pill said that the labour market data showed inflation pressures remained too high for the BoE’s 2% target.

UK wage growth slows to a two-year low, with unemployment reaching 4.3%. The Bank of England may hold interest rates as ...

Huw Pill, the Bank of England’s chief economist, signalled that further interest rate cuts were on the way, while striking a ...

U.K. wages rose at a slower pace in September, opening the way for further rate cuts from the Bank of England.