The Monetary Policy Committee of the Bank of England (BOE) voted for Reduce the interest rate key of 25 basis points at 4.5% ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

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 ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

The rate cut initially put sterling under pressure although it rallied from lows. The pound was quoted lower at USD1.2444 at the London equities close on Thursday, compared to USD1.2513 at the close ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...

British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...

The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...

The Bank of England cut its benchmark interest rate by 25 basis points to 4.5% on Thursday, marking its first rate reduction ...