Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...

Interest rates have been cut by the Bank of England for the second time this year. The base rate has been reduced from 5% to ...

Interest rates have been cut by 0.25 percentage points but economists think it could be the last reduction for a while ...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...

Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and ...

The Bank’s Monetary Policy Committee (MPC) announced on Thursday (7 November) that the rate would drop from 5% to 4.75%.

The markets and economists expect the Bank of England will cut its bank rate by 25 basis point to 4.75% on Thursday. It will ...

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...

MORTGAGE lenders have raced to slash their rates after the Bank of England cut interest rates to 4.75% this afternoon. This ...

Bank of England Governor Andrew Bailey stuck to his script outlining gradual interest rate cuts on Thursday, but Donald Trump ...