Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK ...

The Bank of England has held interest rates at 5.25% for the seventh time in a row . Despite inflation hitting the central bank's target level of 2% for the first time in three years, ...

The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.

Experts said that, combined with signs of a deteriorating jobs market, it would add further pressure on the Bank of England ...

The Bank of England decided, by a slim margin among its policymakers, to cut interest rates on Thursday for the first time in more than four years amid slower inflation.. Britain’s central bank ...

The Bank of England has cut interest rates to 4.75%, in a widely expected move. It's the second cut in the base rate this year - it came down from 5.25% to 5% in August.

The Bank of England in London, Thursday, Aug. 1, 2024. Economists are divided as to whether the Bank of England, which is independent of government, will cut its main interest rate by a quarter ...

The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.

The Bank of England on Thursday cut interest rates by 25 basis points, lowering its key rate to 5.0% from a 16-year high of 5.25%. Policymakers voted 5-4 in favor of the reduction, in what had ...

LONDON — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy have eased.. In a statement ...

The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.