British consumers turned a little less pessimistic this month as the Bank of England's latest interest rate cut led to an ...
Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
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 halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...
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 cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level ...
A cut to interest rates could mean lower mortgage rates.
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation.
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.