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 0.25 percentage points but economists think it could be the last reduction for a while ...
Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and ...
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...
Most households are protected from any immediate rate changes until their current deal ends, but the Bank of England said in ...
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...
The Bank’s Monetary Policy Committee (MPC) announced on Thursday (7 November) that the rate would drop from 5% to 4.75%.
The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and ...
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 ...
The Bank of England could slow the pace of interest rates cuts in the wake of Rachel Reeves’ first Budget. As expected, the ...