Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff ...
A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate cuts ...
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.