LONDON, Aug 20 (Reuters) - British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to nervousness at the central bank about the risk of price growth getting stuck at a stubbornly high rate.

Gilt yields rose to their highest in almost three months ahead of UK inflation data that could cement the case against the Bank of England cutting interest rates again this year.

The Bank of England lowered its key interest rate for the fifth time in a year as it seeks to balance a recent pickup in inflation against a cooling jobs market, a challenge that also confronts the Federal Reserve. The U.K.’s central bank lowered its key ...

While the Bank of England consults on who will appear on the next round of British bank notes, with reports that Winston Churchill could be dropped from the fiver, this week in the South Atlantic

Money markets are adding to bets the Bank of England will keep interest rates on hold at 4% for the rest of this year as signs of faster inflation and a more resilient economy reduce the case for more easing.

Inflation is likely to show another uptick, giving Bank of England policymakers more to consider ahead of their next meeting.

The high street bank is keeping competition fresh in the savings markets as others cut interest rates in the wake of the Bank of England base rate drop

Following the Bank of England base rate cut earlier this month, a number of banks have been dropping their interest rates