UK Monetary Policy Committee

Bank of England cuts key UK interest rate

Bank of England cuts key UK interest rate to 4.50% as economy stagnates

The Bank of England has cut its main interest rate for the third time in six months with the British economy struggling to post any meaningful growth. In a statement Thursday, the bank said the nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.

BBC · 7h

Bank of England cuts interest rates to 4.5% and slashes UK growth forecast

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.

The Yorkshire Post · 15h

Interest rates: Bank of England decision cuts UK rate, what it means for mortgage rates and prices - news

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and services. Thi Bank of England Cuts Interest Rates to 4.5% Amid Slower Growth and Rising Inflation Fears s could particularly affect essentials, such as food, energy, and transportation.

Cryptopolitan on MSN10h

UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months

BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK economy faces sluggish growth and rising concerns over global trade policies.

2hon MSN

Savers warned over next steps as 'window may be closing' after Bank of England decision

Paul Noble, CEO of Chetwood Bank, warned: “Savers should take this as a reminder that the window for securing the best rates ...

London Evening Standard23d

Bank of England should cut rates pre-emptively, says committee member

Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’. Bank of England MPC member Alan Taylor has ...

City A.M.1mon

How will the UK economy perform in 2025?

While this would leave the UK some way off the US and Canada ... three members of the Monetary Policy Committee (MPC) called for another cut. Many economists think the Bank could easily cut ...

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