"We spent a lot of time on the pay issue in the monetary policy report," he said, adding that the bank expects wage growth to ...

Andrew Bailey said the Bank of England was likely still on track to cut interest rates again this year despite surging pay ...

"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.

Grant Fitzner, chief economist at the ONS, said: "Inflation increased sharply this month to its highest annual rate since ...

The latest UK jobs market data published earlier on Tuesday does not change the Bank of England's broad expectations for the ...

The Bank of England faces a seriously tricky few months, with the prospect of further interest rate cuts endangered by stubborn inflation.

Cornwall has officially become a 'living wage' location after a campaign by a regional action group. The county secured the ...

Inflation has hit a 10-month high, above the Bank of England’s two per cent target, official figures have shown. In the 12 ...

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected ...

Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global ...