The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the ...
UK interest rates have fallen to 4.5% after the Bank of England voted to cut borrowing costs, as it also slashed short-term ...
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
The Bank of England announced today (February 6) that it was reducing its policy rate by 25 basis points to 4.5%. The ...
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
The nine-member Monetary Policy Committee lowered the bank’s benchmark rate by a quarter point to 4.5 per cent. Read more at ...
The Bank of England cut its key rate by 25 basis points to 4.5%, which was in line with analysts' expectations. However, the ...
In a blow to Chancellor of the Exchequer Rachel Reeves, the BOE warned that inflation will rise “quite sharply” to peak at ...
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.