Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...

The Bank of England has reduced UK interest rates to 4.5%, following a decision by its Monetary Policy Committee (MPC) to ...

The latest cut reflects some concern about the outlook for the British economy, which has barely grown over the past six ...

Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes ...

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.

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...

Markets are convinced the Monetary Policy Committee will reduce the level from 4.75 per cent to 4.5 per cent when the ...

PRAGUE – The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after ...

ROBUST HOUSEHOLD consumption is seen to prop up the economy this year, Fitch Solutions’ unit BMI said, but warned that inflationary pressures and other risks could dampen this outlook. “We hold a ...

The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent - the lowest in more than 18 months .

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 ...