Bank of England Governor Andrew Bailey discusses the central bank's November rate cut and the path to easing inflation.

The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, ...

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...

The Bank of England's decision to cut its benchmark interest rate for a second time came as a surprise to many, but the ...

The U.K. still can’t depend on sustained lower inflation, Bank of England Gov. Andrew Bailey said Wednesday. Fluctuations in energy and food prices, and a possible structural shift in the ...

While Bailey believes that commercial banks are the ... not stand in the way of innovation," he continues. "For commercial bank money to function effectively, it must keep pace with the needs ...

Andrew Bailey, Governor of the Bank of England, said inflation has fallen “faster than we expected” but still warned that more progress would be needed on services inflation. Speaking at a ...

The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and ...

WASHINGTON (Reuters) - The Bank of England is reluctantly pressing on ... to keep up with less-regulated tech firms, Governor Andrew Bailey said on Saturday. Bailey's remarks build on his ...