World Business Press Online

Persistent 'lowflationary' forces keep price growth in the UK around zero, with the medium term outlook for inflation slightly skewed downward if oil prices continue to decline next year.Inflation in...

BoE Governor Mark Carney reiterated his monetary policy view in September: "If the economy follows the path broadly consistent with this [August] forecast, then the decision [on rates], at least for...

Major central banks on both sides of the Atlantic keep reiterating their respective monetary policy paths are strictly data-dependent, but the increasing risks stemming from their highly divergent...

Sterling may come under further pressure against the US dollar, while the expectations of another round of monetary easing in the euro zone may result in an even stronger pound against the currency of...

The second reading of the UK's third-quarter GDP is expected to show the economy slowed to 0.5% from 0.7% measured a quarter before.Market estimates point to no surprise in the second estimate of the...

BoE Governor Mark Carney, along with other MPC members Andrew Haldane, Gertjan Vlieghe and Kristin Forbes, will be testifying before the Treasury Select Committee on Tuesday morning 10am GMT. The...

The UK labour market is seen tightening further towards the end of this year, but the rate of wage increases remains weaker, partly due to significantly low inflation and and slower-than-expected...

While the Bank of England's interest rate is likely to remain unchanged at a record low for the 80th month in row in November, more dissenting voices within the nine-strong rate-setting committee are...

Britain's economy lost some steam in the third quarter although the pace of growth remained on a solid footing and driven primarily by domestic consumer spending, with some forecasters and...

Public comments, speeches or interviews, as well as the record from the October meeting of the BoE's rate-setting committee, all reveal the rift among the policymakers on the outlook for inflation and...

Wednesday's labour market data from the ONS is expected to show that a tightening labour market and skills shortages continue to generate upward pressure on earnings in some sectors of the UK...

Consumer price inflation is expected to remain very close to zero or even slip back into deflation again in September, as significant external disinflationary forces continue to weigh on consumer...

Lower oil prices and a stronger sterling continue to significantly weigh on the UK inflation outlook, while domestic labor costs are still too weak to offset those external downward pressures, the MPC...

Even though external inflationary pressures remain significantly subdued, and economic growth in the UK appears to have been softening in the second half of the year, there have been signs of domestic...

The UK economy has been recovering steadily in recent quarters, and has been growing above the pre-crisis levels since late 2013, but the current headwinds and volatility stemming from emerging...

Market expectations of the first rate hike in the UK have again been pushed back as more and more dovish comments ooze out of the Bank of England, reflecting weak inflation and increased global market...