The UK economy eked out growth in the final quarter of last year after better-than-expected expansion in December, according to official figures ...

A rate-setter at the Bank of England backed a “cautious” approach to cutting interest rates despite the “uncomfortable” ...

Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher ...

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...

Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...

A member of the Bank of England's rate-setting committee has made a case for a steeper cut to interest rates on expectations that an inflation hump ahead will be temporary.

Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

Despite that vote, Mann said she favors a key rate that is "well above" the 2% to 3% range that neither spurs nor slows growth, as estimated by BOE economists in 2018. That is commonly known as the ...

Over the last two trading sessions, the GBP/USD currency pair relinquished most of its upward rebound gains, reaching the resistance lev ...

The Bank of England's decision to drop the base rate last week means mortgages are going to get cheaper for some more ...