Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

London: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, ...

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

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.

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international ...

Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves ...

As per provisional closing, the barometer index, the S&P BSE Sensex, declined 197.97 points or 0.25% to 77,860.19. The Nifty 50 index lost 43.40 points or 0.18% to 23,559.95.

EUR/GBP continues its upward trajectory for the fourth consecutive day, trading around 0.8350 during Friday’s Asian session.

Why has the Bank of England cut the base rate? At the first opportunity this year, the base rate has been reduced by 0.25 percentage points, bringing it down to 4.5% with immediat ...

Gift Nifty was trading around 23,710 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating ...

The FTSE 100 finished up 103.99 at 8727.28 - a new record closing high. It also hit a new intraday record of 8,767.50 earlier ...

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