Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

The Bank of England cut interest rates for the third time in six months, taking the base rate to 4.5% - here's what it means ...

Britain is at risk of falling into "stagflation" this year as the consumer price index (CPI) rate of inflation is forecast to ...

The RBIs 25 basis-point rate cut is consistent with the global monetary easing trend, which aims to boost economic expansion.

Average property price increased by 0.7 per cent in January to a record £299,138 after dropping 0.2% in December, the ...

Wall Street drifted through mixed trading Thursday as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm. The S&P 500 rose 0.4% following healthy gains for stock ...