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.

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...

British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...

The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...

The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over ...

The Bank of England has reduced its base interest rate from 4.75% to 4.5%, aiming to boost economic growth. This decision ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...