Tom Rees

Bank of England Deputy Governor Dave Ramsden signaled he is less concerned about UK inflation than in previous months, a sign he may be willing to support interest rate cuts.

Bank of England Deputy Governor Dave Ramsden signaled he is less concerned about UK inflation than in previous months, a sign he may be willing to support interest rate cuts.

Bank of England Deputy Governor Dave Ramsden signaled he is less concerned about UK inflation than in previous months, a sign he may be willing to support…

The Bank of England has found itself caught in the middle of a trans-Atlantic divide over who will cut interest rates first, with costly implications for gilt traders and British political leaders counting on election year relief from high borrowing costs.

(Bloomberg) -- The UK economy's recovery from recession unexpectedly gathered pace at the start of the second quarter as private sector firms reported the strongest growth in almost a year.

BOE's Haskel Warns of Slow Loosening in UK's Labor Market

Bank of England Chief Economist Huw Pill said he’s erring on the side of caution in deciding when to cut UK interest rates, saying officials need to remain on guard for risks that inflation persists.

Bank of England Chief Economist Huw Pill said he's erring on the side of caution in deciding when to cut UK interest rates, saying officials need to remain on guard for risks that inflation persists.

(Bloomberg) -- A Bank of England official warned that climate change may trigger large price shocks and force rate-setters to tackle them with higher interest rates.