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

Barclays expects the Bank of England to hold interest rates at its December meeting, revising its prior forecast of a cut, ...

LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...

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

Kallum Pickering, chief economist at Peel Hunt, weighs in on the likely course for U.K. interest rates, saying the Bank of ...

European markets are expected to open in mixed territory on Friday, as investors reacted to interest rate cuts from the ...

Following the Bank of England’s decision to cut the base rate, chancellor Rachel Reeves, said: “Today’s interest rate cut ...

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

Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the ...

During the coronavirus pandemic, which erupted in early 2020, interest rates around the world fell to zero, or just above zero in the case of the Bank of England. Central banks worldwide dramatically ...

The Bank of England reduced interest rates by 25 basis points (bps) to 4.75 per cent, saying UK inflation is now close to the ...

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