World Business Press Online

Global markets' volatility, significant 'lowflationary' forces, and mixed macro data continue to ease pressure on the Bank of England to begin returning monetary policy slowly toward more normal...

The UK economy has been growing at a steady pace and above the pre-crisis levels so far, while economic and market headwinds from both Europe and Asia persist.The second official GDP estimate is...

External lowflationary forces continue to keep UK inflation significantly weak, while domestically generated inflation appears to have been building up recently, but is still too weak to offset the...

The correlation between labour market productivity and wage growth has become one of the primary variables for the Bank of England to gauge domestically generated inflationary pressures. The latest...

The UK jobs market continues to tighten as some employers are forced to cope with a shortage of skilled workers. This in turn pushes up wages in certain sectors, but the overall pay picture remains...

Bank of England policymakers should not wait much longer if they intend to adjust monetary policy toward more normal levels at a slow and gentle pace without squeezing household budgets too much in...

Bank of England readies for the wave of fresh data due out on Thursday - the first ever joint-release of rate announcement, MPC minutes, and the Inflation Report.The nine-strong rate-setting committee...

Will bearish sentiment in global energy prices, as well as divergent monetary policy stances in Europe on one side, and the US and the UK on the other, lead once again to a deferral of the beginning...

The UK economy is expected to have picked up pace in the second quarter even though the risks to more sustainable economic growth persist.Analysts' central view is that the economy in Britain grew at...

One of the most fundamental pillars of the UK economy disappointed in June, with sterling reacting sharply to the downside following the news on weak retail sales.The retail sector and overall...

More of the Bank of England (BoE) rate-setters saw in July their policy decision between raising the base rate and keeping it unchanged becoming more finely balanced, July's Monetary Policy Committee...

An extraordinarily accommodative monetary stance in the euro zone, combined with expectations that the Bank of England will begin hiking rates sooner rather than later, should continue to support...

The most recent comments by Bank of England top policymakers suggest the central bank in London may have increased its efforts to prepare markets for an earlier lift-off than expected, while the Fed...

Inflation in the UK is expected to remain steady and significantly weak, ahead of the Bank of England's fresh forecasts that will shed more light on policymakers' views and reasoning.The annual rate...

Market participants will be focusing on the BoE rate and QE announcement on Thursday. It is very likely the central bank will leave its monetary policy stance unchanged in July – the base rate...

UK Chancellor George Osborne said he was determined to find £12 billion in welfare cuts in order to meet his strict fiscal targets during the current parliament.The UK Chancellor George Osborne...