The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...

Wage growth picked up towards the end of last year, new figures show, revealing the continued persistence of price pressures ...

Investors are now betting on an interest rate cut next month from the Bank of England. Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

The Consumer Prices Index (CPI) rate fell from 2.6 per cent in November to 2.5 per cent in December, according to the Office ...

The Office for National Statistics (ONS ... all eyes will be on the Bank of England, with many hoping for a rate cut at the next meeting in February. "This should spur sentiment in the market ...

Britain's unemployment rate rose slightly at the end of last year, official data showed Tuesday, adding to unease over the stalling UK economy.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

The latest data has raised expectations that the Bank of England could cut ... according to new figures from the Office for National Statistics (Jonathan Brady/PA) UK inflation unexpectedly ...

This is the lowest level in almost three years, according to data from the Office for National Statistics ... unlikely to be enough to prompt the Bank of England to cut rates at its Monetary ...

Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last ...

According to figures released by the Office for National Statistics (ONS), annual ... incompatible with a sustainable return to the Bank of England’s two per cent inflation target over the ...