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 interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...

The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...

At its meeting ending on February 5, the Bank of England Monetary Policy Committee voted by a majority of 7-2 to reduce Bank Rate by 0.25 ...

The Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to its inflation forecasts for this year will prove temporary. Two ...

"Low and stable inflation is the foundation of a healthy economy and it's the Bank of England's job to ensure that," he added. A major surprise in Thursday's rate decision was that two of the nine ...

Andrew Bailey, Governor of the Bank of England, speaks during the Bank of England Monetary Policy Report press conference at the Bank of England, London. Picture date: Thursday Henry Nicholls/PA ...

The Bank of England has cut its benchmark interest rate by a quarter point to 4.5%. The Bank’s rate setting Monetary Policy Committee (MPC) voted by 7 to 2 to bring rates down. Two members of ...

These will be released on the following dates: Some experts have argued that the Bank of England is now displaying a more dovish tone than the US Federal Reserve. If the two central banks diverge ...

The Bank of England will announce its latest interest rates decision this week. The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024.

LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement ...