Phil Aldrick

The Conservative Party will keep the protection on pension increases known as the triple lock in their manifesto for this year’s elections, despite constraints on public finances.

Bank of England policy maker Catherine Mann said financial markets are pricing in too many interest rate cuts this year and that it’s unlikely the UK will move before the US Federal Reserve.

Britain’s doctors have suffered a 15% real terms fall in their pay since 2010, new research shows, contributing to a recruitment and retention crisis in the state-run National Health Service.

Ben Bernanke put the US Federal Reserve on the cutting edge of economics 12 years ago by collecting policymakers’ forecasts, including their outlook for interest rates, into groups of “dot plots.”

Civil servants at the British government’s Office National Statistics will strike over demands that they return to the office at least two days a week.

Britain is starting to rein in inflation at a quicker pace than the US, underscoring a divergence between the two economies that may allow the Bank of England to move sooner on cutting interest rates than the US Federal Reserve.

Ben Bernanke called on the Bank of England to consider publishing its own outlook for UK interest rates, part of a sweeping review expected to prompt a “once-in-a-generation” overhaul of how the central bank makes and communicates its forecasts.

Britain’s environment secretary rejected a direct appeal for help from the owners of Thames Water, underscoring the government’s efforts to stay out of the financial crisis rocking the UK’s largest water company.

Bank of England policymaker Catherine Mann said the fragmenting global economy will leave countries more exposed to inflation shocks in future, posing a test for central banks.

Bank of England policymaker Megan Greene said the UK faces difficult trade-offs over whether to cut interest rates because underlying inflation remains high and growth is weak.