Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

Barclays expects the Bank of England to hold interest rates at its December meeting, revising its prior forecast of a cut, ...

LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...

More significantly, services inflation also slowed from 5.6% to 4.9% in September, coming in comfortably below the Bank of ...

The Bank of England is expected to lower interest rates this week, while markets are betting on fewer cuts next year after ...

The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and ...

The Bank’s Monetary Policy Committee (MPC) have cut its base interest rate for the second time this year - taking it from 5% ...

The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation and the economy.

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

LONDON — The Bank of England is widely expected to cut interest rates Thursday, when policymakers deliver their first monetary policy decision following Labour's bumper budget announcement last week.

The Bank of England’s Monetary Policy Committee (MPC) is expected to cut interest rates from 5 per cent to 4.75 per cent on ...