The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.

Inflation is set to rise to 3 percent in the spring, meaning the Bank of England is unlikely to cut interest rates in the ...

Most economists predict that inflation will stay at its current level – but expect it to increase later in the year ...

Inflation could surpass 3%, posing a threat to interest rates. Explore the warnings from economists and the potential ...

The consumer price index excluding food and energy is seen rising 0.2% in December after four straight months of 0.3% ...

The monthly Citi/YouGov survey showed expectations for inflation in a year's time rose to 3.7% in December, Citi said, ...

The double glazing giant Everest Windows is planning inflation-busting price rises as it braces for higher costs following ...

The rise in employers’ national insurance contributions from this April is likely to cause an overall slowing of long-term ...

Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than ...

The December inflation rate is set to rise again when the figures are released next week. The CPI inflation rate stood at 3.5 ...

Sarah Breeden, the Bank’s deputy governor for financial stability, also said firms might respond to the tax rises by cutting ...