The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
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.
The Bank of England announced today (February 6) that it was reducing its policy rate by 25 basis points to 4.5%. The ...
The Bank of England cuts interest rates by 25 basis points for the third time in the current cycle, with inflation concerns ...
In a blow to Chancellor of the Exchequer Rachel Reeves, the BOE warned that inflation will rise “quite sharply” to peak at ...
LONDON -- The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent ...
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 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 ...
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's monetary policy committee's decision to cut interest rates is the third cut to the cost of borrowing in ...
The Bank of England has cut its base rate to 4.5%, down from 4.75%. Seven members of the Bank’s Monetary Policy Committee ...