A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...
Interest rates are down. Inflation is likely to rise again. And economic growth is stagnating. But what do these frequently ...
Stagflation threat rises as Bank of England downgrades growth to spark fears of economic crisis: Live - Interest rates were ...
Huw Pill, the Bank's chief economist, said the battle against inflation was not yet 'job done' and that a slowdown in the speed of price increases 'may be not quite as strong as we had previously ...
The Bank of England's chief economist Huw Pill has cautioned against expecting rapid interest rate cuts this year, saying ...
"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and cutting bank rate," Pill said.
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
Pill voted with the majority of the Monetary Policy Committee to cut the central bank's main interest rate by a quarter point ...