The prize fund rate for Premium Bonds has fallen twice in recent months, dropping from 4.4% to 4.1% in December, and then ...

The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...

The Bank of England has vowed to slash “bureaucratic” red tape and unleash a “leaner, meaner” City with more appetite for risk. Sam Woods, head of the Prudential Regulation Authority (PRA ...

With the first bank holiday of 2025 been and gone, many are looking ahead to see when the next is, and unfortunately, it's quite the wait. The dates for bank holidays shift each year, influenced by ...

Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut interest rates further and faster. Sales volumes fell by 0.3pc in December ...

BENGALURU, Jan 15 (Reuters) - The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to ...

LEEDS, England, Jan 15 (Reuters) - The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently ...

Savers may be wondering if the Bonds are right for them after the prize fund rate dropped twice in recent months ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...

A member of the Bank of England's monetary policy committee (MPC) has called for interest rates to be cut "pre-emptively" to get the UK economy back on track. The committee will make its next ...

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth. Economic output expanded by just 0.1 per cent ...