The Bank of England reduced its interest rate by a quarter-point on Thursday citing progress on disinflation path. The Monetary ...
Recession alarm bells were ringing in the City today after the Bank of England slashed its growth forecast for this year to ...
The Bank of England has cut its main interest rate for the third time in six months with the British economy struggling to ...
Most economists had already predicted the nine-member Monetary Policy Committee (MPC) would lower the bank's main interest ...
A London homeowner with a £300,000 tracker mortgage will see monthly repayments fall around £43 from £1,710 to £1,667.
The latest cut reflects some concern about the outlook for the British economy, which has barely grown over the past six ...
The cut to 4.5% was in line with economists' expectations in a Reuters poll, but the two dissenting votes from external ...
The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista.
The Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its third cut since 2020. The decision reflects growing ...
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The Bank of England's monetary policy committee's decision to cut interest rates is the third cut to the cost of borrowing in ...
Swap rates, which set the figure at which banks borrow from one another, have been falling in recent days and these are ...