LONDON Expectations among the British public for higher interest rates in the near future cooled in mid-April, even before comments from Bank of England Governor Mark Carney last week muddied the outlook, a survey showed on Monday.
LONDON Bank of England Governor Mark Carney dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year.
GLASGOW, Scotland The Bank of England should avoid taking a "glacial" approach to interest rate rises, one of the central bank's more hawkish policymakers said on Friday, after markets pushed back expectations for the date of its next rate rise.
LONDON Expectations of a UK interest rate increase in May has shrunk to around 40 percent from 70 percent earlier this week after Bank of England Governor Mark Carney dampened widespread expectations of a hike next month.
LONDON Bank of England Governor Mark Carney on Thursday dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year.
LONDON British inflation unexpectedly cooled to a one-year low in March, calling into question whether the Bank of England will raise interest rates more than once before the end of the year. | Video
LONDON The Bank of England will raise its key interest rate to 0.75 percent in May, nearly all the 76 economists polled by Reuters said, then add another 25 basis points just before Britain is due to leave the European Union early next year.
LONDON British workers' pay is still rising by less than inflation despite the lowest unemployment rate since 1975, official data showed on Tuesday, but weaker-than-expected wage growth is unlikely to stop interest rates rising next month. | Video
LONDON British consumers cut their spending by the most in more than five years in early 2018 as heavy snowfalls combined with an ongoing squeeze on household budgets to hit retailers, payments company Visa said on Monday.
LONDON British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey showed on Thursday.
LONDON A closely-watched gauge of British house prices held at a five-year low last month, reflecting soft consumer demand at a time when the Bank of England looks set to raise interest rates, property valuers said on Thursday.
LONDON Asset managers must assess each year how much value for money they offer investors, Britain's markets watchdog said on Thursday, stopping short of tougher measures called for by critics of the 8 trillion pound ($11 trillion) sector.
LONDON Britain's opposition Labour Party would likely broaden the Bank of England's mandate to include factors such as employment but would not seek to remove the central bank's independence, Labour's finance policy chief John McDonnell said on Sunday.