Shock for UK as Bank of England halves its economic growth prediction
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, ...
Bank of England's Bailey warns of backlash against regulation
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...
Bank of England's Bailey Says World Should Not Forget Lessons of 2008 Crisis
LONDON (Reuters) - The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the ...
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank of England may lower interest rates due to Trump tariffs
Rate-setters are almost certain to cut rates from 4.75% to 4.5% at Thursday's Monetary Policy Committee (MPC) meeting ...