Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...

I do think we have to watch very carefully the fragmentation of the world economy” - Andrew Bailey, Governor of the Bank of ...

The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for ...

The Bank of England has cut interest rates for the second time this year, in good news for mortgage-holders and other ...

Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in ...

The Bank of England has cut UK interest rates by 25bps as expected, bringing the bank rate down to 4.75%. This follows the ...

GBP/USD remains on the defensive around 1.2675 in Friday’s Asian session. The negative outlook of the pair prevails below the ...

The Bank of England is likely to lower its key interest rate on Thursday and at three further meetings next year before ...

Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still ...

Sweden’s central bank lowered its key interest rate on Thursday, becoming the first central bank to do so since the election of Donald Trump as U.S. president created fresh uncertainties about the ...

LONDON — The Bank of England is widely expected to cut interest rates Thursday, when policymakers deliver their first monetary policy decision following Labour's bumper budget announcement last week.

The Bank of England has lowered its base rate to 4.75% amid signs of cooling inflation. This marks the first time since June 2023 that the rate has fallen below 5.00%. The Monetary Policy Committee ...