The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
The Bank of England has cut interest rates for the third time since the inflation crisis, taking the base rate to 4.5 per ...
Santander has announced changes to its mortgage and base rate linked savings products following the Monetary Policy Committee ...
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.
"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and ...
The Bank of England cut interest rates for the third time in six months, taking the base rate to 4.5% - here's what it means ...
Bank of England Chief Economist Huw Pill has expressed disagreement with colleagues who are advocating for a substantial ...
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year, ...