American and Chinese naval vessels clashed near Scarborough Shoal in the South China Sea on Wednesday, escalating tensions in ...

The Bank of England has cut interest rates to four per cent in an unprecedented double vote as Monetary Policy Committee members clashed on the impacts of a crumbling jobs market and higher food ...

Stocks mixed but pound up after Bank of England rate cut - The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77.

China's military released a statement Wednesday that the destroyer Higgins entered the South China Sea unlawfully, according ...

Bank of England interest rate-setter Megan Greene has cautioned that recent rises in inflation could prove longer-lasting than forecast, leaving policymakers in an “uncomfortable place”. In a ...

Greene, an external member of the BoE's Monetary Policy Committee, voted last month with the majority for a quarter-point cut in rates to 4.25% and has said she was part of the group who might ...

LONDON (Reuters) -Britain's recent increase in inflation could prove to be a longer-lasting plateau rather than a short-term hump, and the Bank of England should be careful about reducing interest ...

In a speech, Megan Greene said there is a risk that British households and businesses will respond to higher bills for utility and food by adjusting their expectations for future inflation.

Bank of England rate-setter Megan Greene warns that second-round effects may keep inflation above 3% for longer, but says it should not prevent the central bank from pressing on with gradual ...