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

Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes ...

Andrew Bailey has warned that Britain’s bloated public sector is dragging down the economy after the Bank of England slashed ... with more workers on higher salaries funded by a record £40bn ...

The simultaneous jump in the minimum wage is also poised to make ... bid to expand airports and build more homes. Bank of England Governor Andrew Bailey is not entirely opposed to Reeves’s ...

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

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