Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".

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

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

Britain blindsided the European Union just before Trump took office by parking a host of banking reforms — and directly ...

Also in The Telegraph is an opinion piece by M&S head of food Alex Freudmann, who writes he is backing PM Keir Starmer’s bid ...

Then-Bank of England Governor Mark Carney advocated lowering interest rates to near zero to counter the economic shock of Brexit before relenting to maintain consensus among policymakers ...

The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...

Five years after the United Kingdom exited the European Union, polls suggest public opinion has reversed on the issue, with a ...

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

For Brexit supporters, the U.K. was now a sovereign nation in charge of its own destiny. For opponents, it was an isolated and diminished country. It was, inarguably, a divided nation that had ...