A bigger MPC divide has opened up about the cause of the weakness in Britain's economy. The central bank halved its growth ...

Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

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.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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 chancellor Rachel Reeves, the BoE said it now expected t ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

A cut to interest rates could mean lower mortgage rates.

despite cut in forecast The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now expected to grow ...

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.