Bank of England halves growth forecast for UK

Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year,
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.
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation and the economy
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target
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.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
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 expected inflation spike and global economic uncertainty.
Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
EWU: The Bank of England Cuts Rates To Support Growth, Downplays Inflation
The iShares MSCI United Kingdom ETF offers broad U.K. market exposure with strong liquidity and a solid dividend yield. Click here to read why EWU is a Hold.
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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.