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Bank of England cuts interest rate

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Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve Sedgwick.

Bank of England Governor Bailey: We expect to be able to cut bank rate further

"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by meeting, how far and how fast," Bailey told a news conference

Bank of England cuts interest rates to 4.5% and slashes UK growth forecast

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

1d

Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

1d

Andrew Bailey lays bare the damage of Reeves’s broken promises

Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...

20h

Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices

The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...

1don MSN

Bank of England policymakers speak after rate cut, weaker growth forecast

The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...

7d

Sun readers’ chance to grill Bank of England boss Andrew Bailey – submit your question here

SUN readers are being given the chance to put their questions to the man responsible for setting how much interest you pay on ...

1d

Bloated public sector is damaging economy, warns Andrew Bailey

Andrew Bailey has warned that dire public sector productivity is dragging down the economy after the Bank of England slashed ...

1d

Bank of England suffers exodus of gold bullion

Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...

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