A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate cuts ...

"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.

British consumers turned a little less pessimistic this month as the Bank of England's latest interest rate cut led to an ...

Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid ...

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level ...

Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events ...

The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than ...

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

LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.

The Bank of England (BoE) has reduced its interest rate to 4.5%, its lowest level in 20 months, offering some relief to mortgage holders across the UK. This is the third cut to UK borrowing costs ...